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5min chapter
222 – Economics as Horseshit (w/ Neighbor Science)
Srsly Wrong
The Pricing of Branded Products and the Ethical Implications of Knockoff Purses
The speakers explore the concept of Veblin goods and why branding significantly affects the price of products. They discuss knockoff purses, the importance of intellectual property, and delve into the pricing strategies used by companies, including markup pricing.
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