The Monocle Daily cover image

Special edition: Answering Life’s Big Questions – Economics

The Monocle Daily

00:00

The Dynamics of Luxury Consumption in Economics

This chapter explores the relationship between luxury goods and the broader economy, focusing on consumer behavior during economic downturns. It also highlights how luxury brands are evolving to attract younger consumers by redefining scarcity and quality.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app