Tag: conspicuous consumption

  • Conspicuous Thrift in Ministry

    You’ve probably heard of the economic theory of conspicuous consumption. Where people go $350,000 into debt to buy a house in the right neighborhood. It’s ultimately a lie because they just went into debt to prove how much they were worth. And the left-leaning Prius crowd has now lead to the study of a new theory…

  • Why Americans are Going Local

    Yesterday Kristen and I listened to an author, Andrew Potter, describe the American movement towards all things local and eco-friendly as conspicuous consumption. It felt like an elitist slap in the face. His book is called, The Authenticity Hoax. (I’ve not read it) You can see the transcript to the Marketplace segment, “The new holier than…