The Lure of Luxury (Paul Bloom, Boston Review)

The Lure of Luxury (Paul Bloom, Boston Review)

Why would anyone spend thousands of dollars on a Prada handbag, an Armani suit, or a Rolex watch? If you really need to know the time, buy a cheap Timex or just look at your phone and send the money you have saved to Oxfam. Certain consumer behaviors seem irrational, wasteful, even evil. What drives people to possess so much more than they need?

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