Podcasts about Veblen

No episódio, Ana Frazão conversa com Felipe Almeida, Professor de Economia da UFPR e um dos criadores e apresentadores do Podcast Economia Undergroud. O Professor Felipe explica inicialmente o que é o institucionalismo original, como ele se diferencia do novo institucionalismo e a importância de Veblen para a fundação dessa abordagem. A partir daí, é explorado o papel da tecnologia e da inovação na análise institucionalista, as relações entre tecnologia e instituições e a importância do encapsulamento das tecnologia pelas instituições sociais. Na parte final da conversa, o entrevistado trata da importância dos smartphones, das redes sociais e das fake news para a economia institucional, mostrando as razões pelas quais os problemas gerados não são propriamente da tecnologia, mas sim das instituições que nos moldam.

(00:00) Sigla iniziale(01:00) America, repubblica delle banane soggette a dazio(24:53) La crisi esistenziale del vino europeo(33:19) Niente panico: abbiamo il piano senza coda(42:27) I protezionisti del libero scambio e il Parmigiano di Veblen(53:01) La demografia non va in pensione(01:13:01) ESG in difesa(01:18:49) La frugale Le Pen avvera i suoi desideriI fatti più interessanti della settimana, a giudizio del vostro TitolareDiventa un supporter di questo podcast: https://www.spreaker.com/podcast/phastidio-podcast--4672101/support.

Economia Underground, um podcast institucionalista.Neste episódio discutimos o texto recém publicado no Journal of Economic Issues intitulado "Thorstein Veblen and Du Boi's Critiques of the Antebellum South: Merging Divergent Approaches". Assim como o título nos antecipa, neste trabalho são examinadas as críticas ao Sul antebellum feitas por Veblen e Du Bois mesclando suas perspectivas distintas.Nos siga no Instagram: @economiaunderground

Invitée: Dominique Méda. Montée des extrêmes-droites, dérèglement climatique, menaces de l'intelligence artificielles sur les emplois: le monde d'aujourd'hui peut inquiéter, voire déprimer. Comment garder espoir? Existe-t-il des pistes pour rendre l'avenir désirable? Tribu reçoit Dominique Méda, professeure de sociologie à Paris Dauphine-PSL et présidente de lʹinstitut Veblen, spécialisé dans la transition écologique. Elle publie lʹouvrage "Une société désirable. Comment prendre soin du monde" chez Flammarion.

Send us a textHey, welcome to another episode of Making Billions, I'm your host, Ryan Miller and today, I have my dear friend Callum Laing. Callum is the founder at Veblen, a company that specializes in helping people to get prestigious boards or fill their own prestigious boards with other elite members. Not only that, but Callum is an M&A Master who has completed over 100 M&A transactions with nearly all reaching public markets, while also being the author of four business books, such as The Boardroom Blueprint. So what does this mean? Well, this just means that Callum understands how to massively accelerate your valuations and capital raising efforts by leveraging the power of the boardroom.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/Twitter: https://twitter.com/_MakingBillonsWebsite: https://making-billions.com/[THE GUEST]: Callum is the founder at Veblen, a company that specializes in helping people to get prestigious boards or fill their own prestigious boards with other elite members. Everyday AI: Your daily guide to grown with Generative AICan't keep up with AI? We've got you. Everyday AI helps you keep up and get ahead.Listen on: Apple Podcasts SpotifySupport the showDISCLAIMER: The information in every podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening or viewing our episodes, you understand that no information contained in the episodes should be construed as legal or financial advice from the individual author, hosts, or guests, nor is it intended to be a substitute for legal, financial, or tax counsel on any subject matter. No listener of the episodes should act or refrain from acting on the basis of any information included in, or accessible through, the episodes without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer, finance, tax, or other licensed person in the recipient's state, country, or other appropriate licensing jurisdiction. No part of the show, its guests, host, content, or otherwise should be considered a solicitation for investment in any way. All views expressed in any way by guests are their own opinions and do not necessarily reflect the opinions of the show or its host(s). The host and/or its guests may own some of the assets discussed in this or other episodes, including compensation for advertisements, sponsorships, and/or endorsements. This show is for entertainment purposes only and should not be used as financial, tax, legal, or any advice whatsoever.

Unlock the secrets of authentic transformation with Josh, a former rock star turned 7-figure life coach, and his pioneering master coach co-host, Annie Veblen McCarty. Together, they offer a compelling narrative of personal evolution, sharing how an in-depth understanding of the psychology of performance can help you overcome obstacles and attract committed clients. As Annie recounts her transition from web design to transformative coaching, they emphasize the power of genuine coaching over simple advising. They address critical entrepreneurial challenges such as time management and limiting beliefs, encouraging listeners to recognize and tackle these hurdles for genuine success.Step into the shoes of a CEO and explore the profound shift that comes with this mindset transformation. Discover how focusing on high-impact activities and delegating the rest can free up your time for strategic thinking and leadership. Learn about the be, do, have framework to align beliefs with actions for desired outcomes, and explore the push method from Josh's life coach certification program. This episode is a treasure trove of insights into personal and professional growth, where internal transformation leads to external success, impacting not just business but all areas of life.If you would like to learn more about working with Josh, and the Performance Coaching Certification, visit JoshCoats.com!

Le secteur du luxe est à la peine. Le groupe LVMH, fleuron tricolore du secteur, a publié ses résultats de 2024 ce mardi et ils sont mauvais. Les bénéfices du géant du luxe ont nettement chuté : -17%. Illustration bien concrète d'un secteur en pleine métamorphose. Décryptage.  Pour reprendre le vocabulaire du luxe, la tendance n'est plus au vert, mais plutôt au rouge ces dernières années ! L'an passé, la consommation de produits de luxe a clairement ralenti, à tel point qu'elle s'est contractée de 2%. D'après le cabinet Bain and Company, entre 2022 et 2024, ce sont 50 millions de consommateurs habitués aux articles de luxe qui ont renoncé à ce type d'achat. Baisse de la demande qui se ressent sur le marché, on le constate avec les résultats de LVMH, mais il y a tout de même du positif. Les ventes pour l'année dernière se sont stabilisées à environ 363 milliards de dollars. Des consommateurs absents... Plusieurs raisons pour expliquer cette situation d'un secteur qu'on pourrait imaginer intouchable. D'abord, la clientèle n'a pas répondu autant présente qu'avant, notamment la clientèle chinoise, puisque ce marché représentait l'année dernière 22% des ventes de produits de luxe. Le pays n'est donc plus le moteur de la croissance du secteur et ça se ressent. On notera aussi que le marché américain est suspendu aux décisions sur les droits de douane envisagés par Donald Trump qui, de jour en jour, deviennent de plus en plus concrets. Et puis les clients consomment différemment. Beaucoup préfèreront une croisière, un séjour dans un hôtel de luxe ou vivre une expérience plutôt qu'acheter un sac en cuir, une montre ou un tailleur haute couture. ... aux vendeurs qui font les mauvais choix De l'autre côté de la balance, les grands groupes ont continué à miser sur l'élasticité des prix. Parce qu'ils vendent de la rareté, certains se sont permis d'augmenter leurs prix, peut-être un peu trop : +54 % entre 2019 et 2024 d'après HSBC. Ce qui coûtait, imaginons, 10 000 euros en coûte aujourd'hui 15 400. Une hyperinflation qui est mal passée auprès des consommateurs, le secteur a ainsi atteint la limite d'un effet économique qui s'appelle l'« effet Veblen ». Concrètement, plus un produit est cher et plus il est demandé. Maintenant, il semblerait que ce ne soit plus le cas. À lire aussiLes milliardaires du luxe français ont connu des revers de fortune en 2024Différentes pistes pour le secteur Deux solutions s'offrent aux grands groupes. Soit, se recentrer sur l'ultra luxe avec certains produits iconiques, qui font office de référence, et continuer de s'adresser à une clientèle très fortunée. Soit, parler à une classe moyenne supérieure qui, à travers le monde, prend de plus en plus de place. D'après le cabinet Bain, ce sont plus de 300 millions de nouveaux clients potentiels de cette classe qui vont émerger d'ici à dix ans dans différentes régions du globe comme le Moyen-Orient, l'Inde, l'Asie du Sud-Est ou encore l'Afrique. Le tout évidemment en respectant des critères environnementaux et sociaux, car cet aspect devient un déclencheur d'achat important.  Même si, pour le moment, la croissance sera lente, elle restera positive. Le cabinet McKinsey table sur une croissance annuelle estimée entre 1% et 3% jusqu'en 2027. Le temps pour les grands groupes d'ajuster leurs stratégies et de retrouver des couleurs ! 

I årets första avsnitt förklarar Johan Javeus hur Europas lyxvarumärken fungerar, att lyxindustrin omsätter 1500 miljarder dollar, vad som driver lyxkonsumtion, hur lyxprodukter klassificeras, hur dessa produkter inte följer den vanliga "lagen" om tillgång och efterfrågan – och vad en Veblen-vara är.

In this episode of Grow a Small Business, host Troy Trewin interviews Callum Laing, founder of the Veblen Director Program, a global initiative helping individuals secure their first board seats and add value to businesses worldwide. Callum shares insights from his storied career in mergers and acquisitions, scaling businesses, and promoting diversity in boardrooms. Learn how Veblen grew to include over 200 members serving on 300+ boards and why he believes every entrepreneur should leverage advisory boards. Visit Callum Laing's website to explore his books, insights, and more about his mission to connect and empower future board leaders. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions: What do you think is the hardest thing in growing a small business? According to Callum Laing, one of the hardest things in growing a small business is finding the right team and keeping them aligned and motivated. He emphasizes that when you have the right people working together effectively, the journey becomes much easier. However, ensuring that team members remain engaged, focused, and inspired throughout the growth process is a key challenge many business owners face. What's your favourite business book that has helped you the most? Callum Laing's favorite business book that has helped him the most is "Legacy" by James Steven Cook. This book resonates with his focus on building and maintaining strong company cultures, particularly in the context of resilience and long-term success, which are central themes in his work with boards and M&A. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Callum Laing emphasizes reading and learning through books and networks over podcasts but highlights the value of mentorship and professional communities for growth. He recommends leveraging online courses and platforms like LinkedIn to connect with peers and gain insights. For actionable advice, his books "Progressive Partnerships" and "Boardroom Blueprint" are great resources. Explore more of his insights and tools for business growth at callumlaing.com. What tool or resource would you recommend to grow a small business? Callum Laing recommends leveraging advisory boards as a key resource for growing a small business. He highlights how having a group of experienced advisors can provide strategic guidance, accountability, and access to valuable networks. This tool is especially impactful for small businesses aiming to scale effectively while benefiting from diverse perspectives and expertise. What advice would you give yourself on day one of starting out in business? Callum Laing reflects that the advice he would give his younger self is to listen more to the great advice from mentors and apply it. He admits that, in his early days, he either lacked the context to fully understand the advice or dismissed it with overconfidence. His key takeaway is to remain open, humble, and coachable, as following sound advice could have made his journey smoother and more successful. Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.     Quotable quotes from our special Grow A Small Business podcast guest: A strong board is the compass that guides your business through uncharted waters — Callum Laing Partnerships are the rocket fuel that propels businesses to new heights — Callum Laing Challenges are not obstacles, but opportunities in disguise — Callum Laing  

Ce soir dans La Matinale de 19h, Simon anime la soirée (ça faisait longtemps !). Philippe est accompagné de Simon pour une interview croisée avec Thomas Gibert, secrétaire national de la Confédération paysanne, et Mathilde Dupré, codirectrice de l'institut Veblen. Pendant 20 minutes, tout ce beau monde discute du Mercosur et des enjeux auxquels font face les agriculteurs, notamment face à l'export/import à l'échelle mondiale.  Dans le Zoom, Philippe reçoit Pauline Mann, pour parler de la sortie de son premier EP, sorti en fin d'année.  Pour sa chronique, Fabien nous parle (déjà, encore...) de Noël ! Simon nous tease la soirée d'hiver de la radio dans un flash-info spécial, pour clôturer l'émission.  Animation : Simon Interview : Philippe Soulier Zoom : Léa Truong Chroniques : Fabien Chambon et Léa Truong Réalisation : Joey Coordination : Maïwenn Filiol

Economia Underground, um podcast institucionalista. Neste episódio discutimos o texto "A Veblenian View of Russian Floklore: Instrumental or Cerimonial Habits of Thought?". Assim como título nos antecipa, neste trabalho, Anna Kurysheva e Andrei Vernikov se propõe a analisar o folclore russo a luz das ideias de Veblen, buscando analisar as conexões entre as crenças e os comportamentos na cultura russa. O artigo foi publicado em junho de 2024 no Journal of Economic Issues. Nos siga no Instagram: @economiaunderground

Economia Underground, um podcast institucionalista. No episódio de hoje temos a honra e o prazer de receber o Dr. Fernando Krauzer, doutor recém saido do forno do Instituto de Economia da Unicamp. Fernando foi orientado pelo histórico professor Paulo Fracalanza e defendeu a tese intitulada "Veblen e Marshall: Um Ensaio Institucionalista Sobre as Perspectivas Evolucionárias e suas Relações com a (Im)possibilidade de Crítica Social". Nos siga no instagram: @economiaundergorund

Listen to this episode of The Shades of Entrepreneurship Podcast as host Gabriel Flores dives into the mind of Callum Laing, founder of the Veblen Director Program. Learn about Callum's journey as an entrepreneur and gain valuable insights into the world of business and leadership.Support the Show.StreamSpotifyApple Podcast Support The ShowMerchPatreonSocial Media FacebookLinkedInInstagramTikTokYouTube

«Ser preguiçoso pode ser um ato político: prova disso é o ‘quiet quitting'», diz João Pereira Coutinho no episódio que lhe trazemos.Já no século XIX, o ócio era um ato radical - exemplo disso, era a figura do ‘dandy' ou ‘flaneur' que desprezava o sistema político, considerando vulgares e exploratórias as suas práticas.Mas deixe que o levemos mais atrás: sabia que as reivindicações pelo direito ao descanso são contemporâneas da Revolução Industrial? As proteções sociais que hoje tomamos por garantidas passaram por um longo processo no qual se foram conquistando, entre outros, o direito às férias, à assistência na doença e, finalmente, o direito ao lazer, consagrado na Declaração Universal dos Direitos Humanos.Mas face a tão grandes avanços tecnológicos e aos extraordinários aumentos de produtividade, como se explica que ainda não tenhamos conquistado em pleno a fórmula preconizada no século XIX : «8 horas de trabalho, 8 horas de lazer e 8 horas de descanso»?Depois de tanta luta e conquista, será que nos damos ao  direito de descansar? Seremos capazes de enfrentar o silêncio e a solidão que decorrem da inatividade?A receita ideal entre fazer e deixar acontecer também depende da geografia e é bem possível que os povos do norte e do sul da Europa não encontrem acordo quanto a isto.Quanto a si que está ou deseja estar de férias, fique descansado, não tem de saber a resposta a estas perguntas. Carregue no play e desfrute.REFERÊNCIAS ÚTEISBanting, Madeline: «Willing Slaves: How the Overwork Culture is Ruling Our Lives» (Harper) Corbin, Alain: «História do Repouso» (Quetzal) Graeber, David: «Trabalhos de Merda - Uma Teoria» (Edições 70) Han, Byung-Chul: «A Sociedade do Cansaço» (Relógio d'Água) Han, Byung-Chul: «Não-Coisas: Transformações no Mundo em que Vivemos» (Relógio d'Água) Keynes, John M.: «Economic Possibilities for our Children» (1930) Veblen, Thorstein: «The Theory of the Leisure Class» (Oxford Classics) Lafargue, Paul: «O Direito à Preguiça» (Antígona) Stevenson, Robert Louis: «Apologia do Ócio» (Antígona)BIOSMANUEL CARDOSOÉ humorista e um dos autores do programa de sátira política «Isto É Gozar com Quem Trabalha», da SIC. Faz parte do podcast «Falsos Lentos», um formato semanal de humor sobre futebol. É o autor da rubrica radiofónica «Pão Para Malucos», que esteve no ar diariamente na Antena 3 de 2018 a 2021JOÃO PEREIRA COUTINHOProfessor do Instituto de Estudos Políticos da Universidade Católica, onde se doutorou em Ciência Política e Relações Internacionais. É autor dos livros «Conservadorismo» (2014) e «Edmund Burke – A Virtude da Consistência» (2017), publicados em Portugal e no Brasil. 

Economia Underground, um podcast institucionalista Neste episódio refletimos e debatemos uma provocação da Prof. Maríndia Brites: o que há em Veblen que não concordamos? Neste ensejo, aproveitamos o tema para expandir nossas considerações para outros institucionalistas também. Nos siga no Instagram: @economiaunderground

Actualités et banc d'essai. On discute en studio de quelques actualités qui ont stimulé nos réflexions. On teste aussi quelques applications AI.Au progammeDe l'autre côté de la Grande Flaque -  Shirley Plumerand à la conquête du Québec AILa consommation ostentatoire : l'importance de montrer sa maîtrise des technologies associées à l'intelligence artificielleRetour sur les expérimentations de synthèse (clonage) vocale.L'instrumentalisation de l'IA comme démonstration de pouvoir militaire Victoria Shi, une porte-parole (avatar) de l'Ukraine animée par l'IA.Ubenwa - Une application pour interpréter les pleurs de bébés…Références citées ou consultées: Veblen, T., & Aron, R. (1970). Théorie de la classe de loisir.  Lafortune, J. M. (2007). Les règles de l'ostentation: L'œuvre-phare de Veblen: source et guide de la sociologie du loisir. Revue Interventions économiques. Papers in Political Economy, (36). https://journals.openedition.org/interventionseconomiques/537 The Gospel': how Israel uses AI to select bombing targets in Gaza: https://www.theguardian.com/world/2023/dec/01/the-gospel-how-israel-uses-ai-to-select-bombing-targetsFrance Inter, Manon Mella : «Victoria Shi, la nouvelle porte-parole ukrainienne générée par IA. https://www.radiofrance.fr/franceinter/victoria-shi-la-nouvelle-porte-parole-ukrainienne-generee-par-ia-1694981 Ubenwa et les pleurs de bébés: https://www.ubenwa.ai/Bonne écoute.Production et animation: Jean-François Sénéchal, Ph.DBaristIAs: Véronique Tremblay, Shirley Plumerand, Sylvain Munger Ph.D. Collaborateurs et collaboratrices:  Véronique Tremblay, Shirley Plumerand, Sylvain Munger Ph.D.,  Stéphane Minéo, Frédérick Plamondon, Ève Gaumond, et David Beauchemin.   OBVIA Observatoire international sur les impacts sociétaux de l'intelligence artificielleDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the Show.

Dr. Sam Rosen of Temple University finally unleashes the Veblen Goods model for which every Game Economist yearns. We discuss:Why don't sold-out artists raise ticket prices?Why do NFT projects go boom or bust?Should auction-based goods mask demand for their products?What types of Pokémon are optimal for collecting in Go?Dr.Rosen's paper, co-authored with Dr.Anthony Lee Zhang & Sebeom Oh, is out now!

Io sono Francesco Cecchetti, consulente e garden designer e aiuto le persone a fiorire insieme al proprio giardino.Stai ascoltando Giardino Rivelato, da oltre quattro anni il podcast per chi crede fermamente che tutte le persone hanno bisogno di un giardino.Come può un semplice orto nel tuo giardino diventare una potente presa di posizione contro il consumismo e la superficialità dei beni di Veblen?Perché vedere il tuo spazio verde non solo come una questione di estetica o di status, ma come una parte attiva del tuo impegno verso l'ecosistema e il mondo? Oggi un invito a riscoprire il valore autentico e profondo di vivere e coltivare il proprio spazio come un'opportunità per apprendere, crescere e contribuire.Sostieni e finanzia Giardino Rivelato: https://www.patreon.com/francescocecchettiVieni a trovarmi su giardinorivelato.it

Economia Underground, um podcast institucionalista. Voltamos sérios e em grande estilo! No episódio de hoje visitamos nosso querido amigo Geoffrey Hodgson em seu texto "Thorstein Veblen and Socialism". Assim como o título nos antecipa, neste trabalho Hodgson se debruça em procurar compreender o posicionamento e as reflexões de Veblen sobre o socialismo. Nos siga no instagram: @economiaunderground

The Veblen Effect, with its roots in the desire for social distinction, has illuminated the complex interplay between consumer choices and societal signals of status. This episode has unraveled the mystique behind the allure of luxury, showcasing how the price tag of certain goods becomes a symbol of exclusivity and prestige. In the tapestry of behavioral economics, the Veblen Effect serves as a poignant reminder that, in the world of luxury, value is not solely derived from utility but is intricately woven with the threads of social perception and aspiration. As consumers continue to navigate the intersection of desire and societal signaling, the Veblen Effect remains a compelling force that shapes the landscape of conspicuous consumption and challenges traditional economic theories. Behavioral Economics in Marketing Podcast | Understanding how we as humans make decisions is an important part of marketing. Behavioral economics is the study of decision-making and can give keen insight into buyer behavior and help to shape your marketing mix. Marketers can tap into Behavioral Economics to create environments that nudge people towards their products and services, to conduct better market research and analyze their marketing mix. Sandra Thomas-Comenole | Host | Marketing professional with over 15 years of experience leading marketing and sales teams and a rigorously quantitative Master's degree in economics from Rensselaer Polytechnic Institute. Check out her Linkedin profile here: Sandra Thomas-Comenole, Head of Marketing, Travel & Tourism

CE PODCAST A ETE DIFFUSE UNE PREMIERE FOIS LE 18 AVRIL 2023 Chaleur humaine prend une pause pour encore une semaine, mais je vous propose de réécouter cet épisode qui fait écho à l'actualité de ces dernières semaines. Cet entretien avec la chercheuse Dominique Méda permet de mieux comprendre comment la lutte contre le changement climatique peut être une source de création d'emplois... ou à l'inverse une catastrophe sociale. A bientôt ! Nabil**** Recevez gratuitement tous les mardis l'infolettre Chaleur humaine en vous inscrivant ici ****Pour atteindre la neutralité carbone, il faut diminuer massivement notre consommation de pétrole, de gaz et de charbon. La transition climatique peut-elle se faire sans détruire des centaines de milliers d'emplois ? Dans quel secteur est-il possible d'en créer de nouveaux ? Dominique Méda est sociologue, elle a écrit de nombreux livres sur le travail et ses évolutions, et elle préside l'institut Veblen. . Elle mentionne dans l'épisode le rapport de Laurence Parisot sur l'emploi, le Plan de transformation du Shift Project, le travail sur le secteur automobile de la FNH et de la CFDT et enfin celui du chercheur Philippe Quirion.Ecoutez gratuitement chaque mardi un nouvel épisode, sur Lemonde.fr, Apple Podcast ou Spotify. Retrouvez ici tous les épisodes. Cet épisode a été produit par Adèle Ponticelli avec l'aide d'Esther Michon, réalisé par Amandine Robillard. Musique originale : Amandine Robillard.Chaleur humaine c'est aussi un livre, que vous pouvez retrouver dans votre librairie favorite. Vous pouvez m'écrire pour me faire part de vos avis, idées, et de vos critiques à l'adresse chaleurhumaine@lemonde.fr. Je réponds chaque semaine dans la newsletter Chaleur humaine à une question sur le défi climatique.

We know it's been a while since Econ 201 but Jiminy Christmas are Hue bulbs the new Veblen good? What are these things made out of avocado toast? Come on. This week: dust covered Vision Pros, NACS snaccs, and a peppering of Spring Apple news.

A Giffen good is a low-income, non-luxury product that defies standard economic and consumer demand theory. Demand for Giffen goods rises when the price rises and falls when the price falls. In econometrics, this results in an upward-sloping demand curve, contrary to the fundamental laws of demand which create a downward-sloping demand curve.The term "Giffen goods" was coined in the late 1800s, named after noted Scottish economist, statistician, and journalist Sir Robert Giffen.The concept of Giffen goods focuses on low-income, non-luxury products that have very few close substitutes.Giffen goods can be compared to Veblen goods which similarly defy standard economic and consumer demand theory but focus on luxury goods.

Gösteriş ekonomisi başlığı günümüzde sosyo-ekonomik etkileri nedeniyle üzerinde durulması gereken konuların başında geliyor. Zira ekonomi, klasik iktisatçıların veya yakın zaman evvele kadar yoğunlukla eleştirdiğimiz haliyle insansız bir makinaymış gibi davrananın IMF reçetelerinin aksine, insanı merkeze almayan ekonomi bakış açıları, istenen ve beklenen neticeleri toplum refahı adına çıktı olarak verememektedir. Marksist olmayan kapitalist sistem kritikçisi, Thorstein Bunde Veblen, Amerikalı iktisatçı, sosyolog ve akademisyendir. İlk kez 1899'da yayımlanan kitabı “The Theory of The Leisure Class” (Aylak Sınıfı Teorisi) adlı eserinde Veblen, tüketimin gösteriş amacı ile de yapılabildiğini ileri sürmüştür. Günümüzün artan medya beyin yıkamaları ve tüketim merkezli, bireyselci, baskın, ithal kültürel öğeleri gösteriş tüketimini kitlesel hale evirerek gösteriş ekonomisi haline getirmiştir. Veblen'e göre; ekonomik davranış, klasik iktisatçıların öğrettikleri gibi değişmez yasalara bağlı değil, modern dünyada insanı harekete geçiren; trampa, mübadele ve tasarruf eğilimi değil, komşusundan üstün olma eğilimidir.

“As far as wealth is inextricable with social organisation, it will infuse the individual on the very essential level on his sense of self...” In this week's TANK podcast, Caroline Issa reads and decodes Thorstein Veblen's The Theory of the Leisure Class, a treatise on consumerism and the emergent concept of conspicuous consumption.

Was hat Haute Couture mit unseren Klamotten zu tun? Und warum gelten Luxusmarken wie Gucci oder Prada als Statussymbol? Mit Sekt und Style schauen Anca und Gregor in unserer ersten Folge von What the Wirtschaft?! auf die Fashionindustrie und ihren Rolle in der Weltwirtschaft.Fun Fact: Das Geschäft mit dem Luxus hat LVMH-Besitzer Arnault laut aktuellen Forbes-Ranking sogar zum reichsten Mensch der Erde gemacht (in der Podcast-Folge vermutet Gregor noch, Arnault sei der drittreichste Mensch der Erde). https://www.forbes.com/consent...**********In dieser Folge:00:00:01 - Sektstimmung im Studio – und in der Luxusbranche00:03:09 - Fashion Weeks in Guccistan00:05:44 - Marken, Mythen und hohe Margen00:14:10 - Warum Luxus sich so gut verkauft: Der Veblen-Effekt00:17:35 - Das BIP/Kopf in Guccistan: Warum Luxus sehr wenige sehr reich macht**********Die Quellen zur Folge:World Bank (2023). GDP Ranking, untersuchter Zeitraum: 2022Unger, B. (2016, Juli 28). The Secret Economics of the Birkin Bag. The EconomistDahm, J. (2020). The Veblen effect revisited: Literature and empirical analyses. 2020: Vallendar : WHU - Otto Beisheim School of Management.**********Weitere Beiträge zum Thema:Wirtschaftswachstum trotz Klimaschutz: Ist das möglich?Fashion: Wie wir unseren eigenen Style finden**********Habt ihr auch manchmal einen WTF-Moment, wenn es um Wirtschaft und Finanzen geht? Wir freuen uns über eure Themenvorschläge und Feedback an whatthewirtschaft@deutschlandfunknova.de.**********Den Artikel zum Stück findet ihr hier.**********Ihr könnt uns auch auf diesen Kanälen folgen: Tiktok und Instagram.

Chapter 1 What's The Theory of the Leisure Class Book by Thorstein VeblenThe Theory of the Leisure Class: An Economic Study of Institutions (commonly referred to as The Theory of the Leisure Class) is a book written by Thorstein Veblen and published in 1899. It is considered a founding and influential work in the field of sociology, particularly in regards to the analysis of capitalist economies and social stratification. Veblen's main argument in the book is that social status and prestige are attained not through productive labor, but rather through conspicuous consumption and leisure activities. He argues that the upper class engages in "pecuniary emulation" - the desire to display wealth and social status through extravagant spending and wasteful activities, regardless of the practical utility of the goods or the activities themselves.Veblen criticizes the prevailing economic theories of his time, particularly the classical economic theory of utility and the neoclassical economic theory of marginal utility. He introduces the concept of "conspicuous waste" to explain the irrational and excessive consumption patterns of the upper class, which he believes leads to the waste of resources and perpetuates economic inequality.The book discusses various aspects of the leisure class, including their lifestyles, social rituals, patterns of consumption, and their impact on the economy. It also delves into the distinction between "industry" and "business" and critiques the economic system that promotes what Veblen calls "predatory capitalism."Overall, Veblen's The Theory of the Leisure Class examines the social and economic dynamics of the upper class and offers a critical analysis of the materialistic and wasteful nature of capitalism. It remains an important work in the fields of sociology, economics, and social theory.Chapter 2 Is The Theory of the Leisure Class Book A Good BookThe Theory of the Leisure Class is generally considered a classic work of social theory and economics. It was published in 1899 and is still widely read and referenced today. Thorstein Veblen's critique of conspicuous consumption and the role of leisure and status in society was groundbreaking at the time and has had a lasting impact on the field of sociology. That being said, whether or not a book is considered "good" is subjective and depends on personal interests and preferences. Some readers may find Veblen's writing style and language challenging, as it was written in a more academic and verbose manner. However, for those interested in economics, sociology, or social criticism, The Theory of the Leisure Class is likely to be a valuable and thought-provoking read.Chapter 3 The Theory of the Leisure Class Book by Thorstein Veblen Summary"The Theory of the Leisure Class" is a book written by Thorstein Veblen and published in 1899. It is a work of economic sociology that examines the nature and purpose of consumerism and conspicuous consumption in industrial societies.In this book, Veblen argues that the leisure class, which consists of the wealthy and privileged members of society, engage in conspicuous consumption as a means of displaying their social status and superiority to others. He suggests that the desire for social prestige and the need to maintain a certain image drives individuals to spend money on luxury goods and unnecessary commodities.Veblen introduces the concept of "pecuniary emulation," which describes the process by which individuals imitate the consumption patterns of the leisure class in order to gain social acceptance and recognition. He suggests that through this emulation, individuals strive to achieve a higher social status and elevate themselves above others in

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America's Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americans and showed how the new moneyed class was adopting these in ways that led to greater waste throughout society. He called these conspicuous leisure and conspicuous consumption and he developed a critique of a system that favoured profits for owners without regard to social good. The Theory of the Leisure Class was a best seller and funded Veblen for the rest of his life, and his ideas influenced the New Deal of the 1930s. Since then, an item that becomes more desirable as it becomes more expensive is known as a Veblen good. With Matthew Watson Professor of Political Economy at the University of WarwickBill Waller Professor of Economics at Hobart and William Smith Colleges, New YorkAndMary Wrenn Senior Lecturer in Economics at the University of the West of EnglandProducer: Simon TillotsonReading list:Charles Camic, Veblen: The Making of an Economist who Unmade Economics (Harvard University Press, 2021)John P. Diggins, Thorstein Veblen: Theorist of the Leisure Class (Princeton University Press, 1999)John P. Diggins, The Bard of Savagery: Thorstein Veblen and Modern Social Theory (Seabury Press, 1978)John Kenneth Galbraith, The Affluent Society (Penguin, 1999) Robert Heilbroner, The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers (Penguin, 2000), particularly the chapter ‘The Savage Society of Thorstein Veblen'Ken McCormick, Veblen in Plain English: A Complete Introduction to Thorstein Veblen's Economics (Cambria Press, 2006)Sidney Plotkin and Rick Tilman, The Political Ideas of Thorstein Veblen (Yale University Press, 2012)Juliet B. Schor, The Overspent American: Why We Want What We Don't Need (William Morrow & Company, 1999)Juliet B. Schor, Born to Buy: The Commercialized Child and the New Consumer Culture (Simon & Schuster Ltd, 2005)Thorstein Veblen, The Theory of the Leisure Class (first published 1899; Oxford University Press, 2009)Thorstein Veblen, The Theory of Business Enterprise (first published 1904; Legare Street Press, 2022)Thorstein Veblen, The Higher Learning in America (first published 2018; Johns Hopkins University Press, 2015) Thorstein Veblen, Absentee Ownership and Business Enterprise in Recent Times: The Case of America (first published 1923; Routledge, 2017)Thorstein Veblen, Conspicuous Consumption (Penguin, 2005)Thorstein Veblen, The Complete Works (Musaicum Books, 2017)Charles J. Whalen (ed.), Institutional Economics: Perspective and Methods in Pursuit of a Better World (Routledge, 2021)

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America's Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americans and showed how the new moneyed class was adopting these in ways that led to greater waste throughout society. He called these conspicuous leisure and conspicuous consumption and he developed a critique of a system that favoured profits for owners without regard to social good. The Theory of the Leisure Class was a best seller and funded Veblen for the rest of his life, and his ideas influenced the New Deal of the 1930s. Since then, an item that becomes more desirable as it becomes more expensive is known as a Veblen good. With Matthew Watson Professor of Political Economy at the University of WarwickBill Waller Professor of Economics at Hobart and William Smith Colleges, New YorkAndMary Wrenn Senior Lecturer in Economics at the University of the West of EnglandProducer: Simon TillotsonReading list:Charles Camic, Veblen: The Making of an Economist who Unmade Economics (Harvard University Press, 2021)John P. Diggins, Thorstein Veblen: Theorist of the Leisure Class (Princeton University Press, 1999)John P. Diggins, The Bard of Savagery: Thorstein Veblen and Modern Social Theory (Seabury Press, 1978)John Kenneth Galbraith, The Affluent Society (Penguin, 1999) Robert Heilbroner, The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers (Penguin, 2000), particularly the chapter ‘The Savage Society of Thorstein Veblen'Ken McCormick, Veblen in Plain English: A Complete Introduction to Thorstein Veblen's Economics (Cambria Press, 2006)Sidney Plotkin and Rick Tilman, The Political Ideas of Thorstein Veblen (Yale University Press, 2012)Juliet B. Schor, The Overspent American: Why We Want What We Don't Need (William Morrow & Company, 1999)Juliet B. Schor, Born to Buy: The Commercialized Child and the New Consumer Culture (Simon & Schuster Ltd, 2005)Thorstein Veblen, The Theory of the Leisure Class (first published 1899; Oxford University Press, 2009)Thorstein Veblen, The Theory of Business Enterprise (first published 1904; Legare Street Press, 2022)Thorstein Veblen, The Higher Learning in America (first published 2018; Johns Hopkins University Press, 2015) Thorstein Veblen, Absentee Ownership and Business Enterprise in Recent Times: The Case of America (first published 1923; Routledge, 2017)Thorstein Veblen, Conspicuous Consumption (Penguin, 2005)Thorstein Veblen, The Complete Works (Musaicum Books, 2017)Charles J. Whalen (ed.), Institutional Economics: Perspective and Methods in Pursuit of a Better World (Routledge, 2021)

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America's Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americans and showed how the new moneyed class was adopting these in ways that led to greater waste throughout society. He called these conspicuous leisure and conspicuous consumption and he developed a critique of a system that favoured profits for owners without regard to social good. The Theory of the Leisure Class was a best seller and funded Veblen for the rest of his life, and his ideas influenced the New Deal of the 1930s. Since then, an item that becomes more desirable as it becomes more expensive is known as a Veblen good. With Matthew Watson Professor of Political Economy at the University of WarwickBill Waller Professor of Economics at Hobart and William Smith Colleges, New YorkAndMary Wrenn Senior Lecturer in Economics at the University of the West of EnglandProducer: Simon TillotsonReading list:Charles Camic, Veblen: The Making of an Economist who Unmade Economics (Harvard University Press, 2021)John P. Diggins, Thorstein Veblen: Theorist of the Leisure Class (Princeton University Press, 1999)John P. Diggins, The Bard of Savagery: Thorstein Veblen and Modern Social Theory (Seabury Press, 1978)John Kenneth Galbraith, The Affluent Society (Penguin, 1999) Robert Heilbroner, The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers (Penguin, 2000), particularly the chapter ‘The Savage Society of Thorstein Veblen'Ken McCormick, Veblen in Plain English: A Complete Introduction to Thorstein Veblen's Economics (Cambria Press, 2006)Sidney Plotkin and Rick Tilman, The Political Ideas of Thorstein Veblen (Yale University Press, 2012)Juliet B. Schor, The Overspent American: Why We Want What We Don't Need (William Morrow & Company, 1999)Juliet B. Schor, Born to Buy: The Commercialized Child and the New Consumer Culture (Simon & Schuster Ltd, 2005)Thorstein Veblen, The Theory of the Leisure Class (first published 1899; Oxford University Press, 2009)Thorstein Veblen, The Theory of Business Enterprise (first published 1904; Legare Street Press, 2022)Thorstein Veblen, The Higher Learning in America (first published 2018; Johns Hopkins University Press, 2015) Thorstein Veblen, Absentee Ownership and Business Enterprise in Recent Times: The Case of America (first published 1923; Routledge, 2017)Thorstein Veblen, Conspicuous Consumption (Penguin, 2005)Thorstein Veblen, The Complete Works (Musaicum Books, 2017)Charles J. Whalen (ed.), Institutional Economics: Perspective and Methods in Pursuit of a Better World (Routledge, 2021)

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America's Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americans and showed how the new moneyed class was adopting these in ways that led to greater waste throughout society. He called these conspicuous leisure and conspicuous consumption and he developed a critique of a system that favoured profits for owners without regard to social good. The Theory of the Leisure Class was a best seller and funded Veblen for the rest of his life, and his ideas influenced the New Deal of the 1930s. Since then, an item that becomes more desirable as it becomes more expensive is known as a Veblen good. With Matthew Watson Professor of Political Economy at the University of WarwickBill Waller Professor of Economics at Hobart and William Smith Colleges, New YorkAndMary Wrenn Senior Lecturer in Economics at the University of the West of EnglandProducer: Simon TillotsonReading list:Charles Camic, Veblen: The Making of an Economist who Unmade Economics (Harvard University Press, 2021)John P. Diggins, Thorstein Veblen: Theorist of the Leisure Class (Princeton University Press, 1999)John P. Diggins, The Bard of Savagery: Thorstein Veblen and Modern Social Theory (Seabury Press, 1978)John Kenneth Galbraith, The Affluent Society (Penguin, 1999) Robert Heilbroner, The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers (Penguin, 2000), particularly the chapter ‘The Savage Society of Thorstein Veblen'Ken McCormick, Veblen in Plain English: A Complete Introduction to Thorstein Veblen's Economics (Cambria Press, 2006)Sidney Plotkin and Rick Tilman, The Political Ideas of Thorstein Veblen (Yale University Press, 2012)Juliet B. Schor, The Overspent American: Why We Want What We Don't Need (William Morrow & Company, 1999)Juliet B. Schor, Born to Buy: The Commercialized Child and the New Consumer Culture (Simon & Schuster Ltd, 2005)Thorstein Veblen, The Theory of the Leisure Class (first published 1899; Oxford University Press, 2009)Thorstein Veblen, The Theory of Business Enterprise (first published 1904; Legare Street Press, 2022)Thorstein Veblen, The Higher Learning in America (first published 2018; Johns Hopkins University Press, 2015) Thorstein Veblen, Absentee Ownership and Business Enterprise in Recent Times: The Case of America (first published 1923; Routledge, 2017)Thorstein Veblen, Conspicuous Consumption (Penguin, 2005)Thorstein Veblen, The Complete Works (Musaicum Books, 2017)Charles J. Whalen (ed.), Institutional Economics: Perspective and Methods in Pursuit of a Better World (Routledge, 2021)

Sarah Veblen from Sarah Veblen Clothing Originals has led a life dreaming of owning hew own business and in 1985 it all came true. Now an Haute Couture mainstay, she shares her story of taking chances and achieving her dream! (2:28) Sarah shares her story of learning to sew…her mom said she was already sewing circles around her by 9th grade. She also explains what it means to be a “thinking sewer”. (4:30) Why does she feel that sewists shouldn't blindly follow instructions? The person who drafted the pattern and the one who wrote the instructions don't know anything about the specific sewist and their unique needs and skills. She works with her students to individualize each product. (7:26) Sarah shares her story of when she worked as an Executive Secretary and how that had an impact on her sewing skills. (8:40) Sewing her daughter's clothing had a profound impact on how she sews…she explains…! (10:40) What inspires her today?! Well, it's fabric…she tells us why. (13:49) Sarah has a degree from Stanford…how has she applied this education to her career today? It was the rigorous amount of writing she did throughout college that prepared her to use language, write and edit. Then when David Coffin from Threads Magazinewww.threadsmagazine.com called…she was all ready to go! (16:32) In all the work she was doing…she decided to add teaching to her repertoire. Loving the fitting part of the process was the imputes for this…she explains. She also tells us how creating custom clothing is extremely stressful as you are creating something that doesn't exist! (20:25) Sarah shares a story about how her guidance helped an unenthusiastic bride understand what she wanted and then alter her wedding dress to make is just perfect. (23:50) She loved the complexity of garment making. What does this mean to her and how does this inspire her work? (26:20) Sarah discusses the importance of fitting a garment correctly. “When we feel right in our cloths, we are more relaxed in ourselves, and this allows us to be more creating and react better.” (29:15) How do garments enrich our lives? By releasing our creativity and giving us a fuller rounder life. She explains this premise in depth.  (31:51) What's important for sewists to keep in mind when they sew? Have fun with it – Sarah tells us what this means to her. And, she explains how to know when it's time to reach out to someone for help!  (34:28) When asked to tell us about her 5 grandchildren Sarah lights up…sharing what they do together and what's important! Are there future sewists in the group? You bet there are! And they all call her Sassy! (37:38) What's next for Sarah and what's her dream? Retiring…probably not quite yet. Her focus in cutting back just a little is to develop a legacy of information that will be available in perpetuity. @Sarahveblenliving originals channel on You Tube. (40:00) And what didn't we ask her that is important to her…find out here!  (41:26) Sarah can be contacted at sarah@sarahveblen.com, www.saranveblen.com and she will do her very best to personally respond to all correspondence.   If you know someone who has an outstanding story that should be shared on this podcast, drop Meg a note to Meg@sewandsopodcast.com or complete the form on our website.

**** Recevez gratuitement tous les mardis l'infolettre Chaleur humaine en vous inscrivant ici ****Est -ce que la pub joue un rôle dans notre trajectoire climatique ? Vaut-il mieux interdire la publicité pour les gros SUV et les jets privés, ou taxer la pub pour financer la transition ? Le monde de la publicité peut-il se mettre au service de la transition ?Mathilde Dupré est économiste et co-dirige l'institut Veblen. Elle a rédigé en 2022 un rapport titré “La communication commerciale à l'ère de la sobriété” et est également membre du Conseil d'administration de l'association “communication et démocratie”.« Chaleur humaine » est un podcast hebdomadaire de réflexion et de débat sur les manières de faire face au défi climatique. Ecoutez gratuitement chaque mardi un nouvel épisode, sur Lemonde.fr, Apple Podcast ou Spotify. Retrouvez ici tous les épisodes. Cet épisode a été produit par Cécile Cazenave et réalisé par Amandine Robillard. Musique originale : Amandine Robillard.Chaleur humaine c'est aussi un livre qui reprend 18 épisodes du podcast en version texte, que vous pouvez retrouver dans votre librairie favorite.C'est toujours une infolettre hebdomadaire à laquelle vous pouvez vous inscrire gratuitement ici. Vous pouvez toujours m'écrire et poser vos questions à l'adresse chaleurhumaine@lemonde.fr.Vous pouvez poser vos questions pour un épisode spécial de fin d'année de Chaleur humaine dans ce formulaire, si vous avec des interrogations sur la transition climatique ou sur ce podcast.

Episode 517: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) are joined by Greg Isenberg to brainstorm 6 business ideas you can start with no funding.  Want to see the best clips from MFM? Subscribe to our clips channel here. — Show Notes: (0:00) Intro (7:00) Playing for style points  (11:00) AG1 for Dogs (15:00) Daily Fabler (22:00) Sweaty Franchises (35:00) Entrepreneur Operating System (39:00) Luxury Newsletters (45:00) Veblen goods (48:00) Stripe Atlas for Trademarks (55:00) Greg's Life Hacks — Links: • Late Checkout - https://www.latecheckout.studio/ • Boring Marketing - https://www.boringmarketing.com/ • Daily Stoic - https://dailystoic.com/ • Pink's Windows - https://www.pinkswindows.com/franchising • EOS - https://www.eosworldwide.com/ • ResiBrands - https://resibrands.com/ • Playing Field - https://www.playingfield.com/ • Raya - https://www.rayatheapp.com/ • Superhuman - https://superhuman.com/ • Little Lifehacks Guaranteed to Improve your Life - https://tinyurl.com/2zhdz2uh — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com/ Check Out Shaan's Stuff: • Try Shepherd Out - https://www.supportshepherd.com/ • Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant • Power Writing Course - https://maven.com/generalist/writing • Small Boy Newsletter - https://smallboy.co/ • Daily Newsletter - https://www.shaanpuri.com/ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. — Other episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

What is Veblen good? --- Support this podcast: https://podcasters.spotify.com/pod/show/wikipediaread/support

Sewing pro Sarah Veblen talks about her sewing frustrations and her strategies for managing and even preventing them.

**** Recevez gratuitement tous les mardis l'infolettre Chaleur humaine en vous inscrivant ici ****Pour atteindre la neutralité carbone, il faut diminuer massivement notre consommation de pétrole, de gaz et de charbon. Mais cette transformation peut avoir un coût social massif. A l'inverse, les nouveaux secteurs qui se développent dans une économie sans carbone espèrent créer des milliers d'emplois. La transition climatique peut-elle se faire sans détruire des centaines de milliers d'emplois ? Dans quel secteur est-il possible d'en créer de nouveaux ? Comment faire pour mettre en place la formation et les outils nécessaires pour réussir à complètement transformer le marché du travail ?Dominique Méda est sociologue, elle a écrit de nombreux livres sur le travail et ses évolutions, et elle préside l'institut Veblen. Elle est également chroniqueuse au Monde et sur France culture. Elle mentionne dans l'épisode le rapport de Laurence Parisot sur l'emploi, le Plan de transformation du Shift Project, le travail sur le secteur automobile de la FNH et de la CFDT et enfin celui du chercheur Philippe Quirion.Un épisode produit par Adèle Ponticelli avec l'aide d'Esther Michon, réalisé par Solène Moulin. Musique originale : Amandine Robillard.« Chaleur humaine » est un podcast hebdomadaire de réflexion et de débat sur les manières de faire face au défi climatique. Ecoutez gratuitement chaque mardi un nouvel épisode, sur Lemonde.fr, Apple Podcast, Acast ou Spotify. Retrouvez ici tous les épisodes.Vous pouvez m'écrire pour me faire part de vos avis, idées, et de vos critiques à l'adresse chaleurhumaine@lemonde.fr. Je réponds chaque semaine dans la newsletter Chaleur humaine à une question sur le défi climatique. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Thanks for listening. I'd love it if you'd write us a review on your podcast platform or send an episode to a friend. ---Find Phil on Instagram, Twitter, watch his presentation "How the Global Drinks Business Works", and listen to his podcast conversation about NA spirits, which he says are Veblen goods (aka luxury goods). Old Duff Genever is made at the Herman Jansen distillery, which has operated since 1777."Delightes for Ladies" by Sir Hugh PlatPhil mentions attending a Beefsteak at Gage & TollnerIf you want to know what's going to happen in spirits and cocktails, read beer books from 10-20 years ago like Beer Blast and Grit & Grain. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit decodingcocktails.substack.com

No episódio, Ana Frazão conversa com Fernando Krauser, Doutorando em Economia, Felipe Almeida, Professor de Economia da UFPR, e Manoel Ramon Souza Luz, Professor de Economia da UFABC, todos apresentadores do podcast Economia Underground, sobre Economia Institucional. Os professores explicam o que são as instituições e a sua importância para o comportamento humano. A partir daí, exploram as origens e os fundamentos da Economia Institucional e as principais diferenças entre a versão originalista e mais crítica, construída por autores como Veblen e Commons, e a versão mais conservadora e pro mercado, construída por autores como North e Willianson. Um dos focos da conversa é mostrar como a Economia Institucional se encaixa na heterodoxia e quais as principais diferenças em relação aos ortodoxos e o mainstream. O cenário brasileiro também é abordado, a fim de se mostrar quais os principais avanços da Economia Institucional em nosso país e em que medida ela pode oferecer contribuições relevantes para a construção de políticas públicas e solução de problemas concretos. Especial atenção é dada ao diálogo entre direito e economia, na medida em que a Economia Institucional pode ser uma excelente ponte entre as duas disciplinas. Em resumo, o episódio é uma aula sobre Economia Institucional, extremamente útil para quem quer entender essa vertente e como ela se aproxima e se diferencia de outras vertentes econômicas.

Discussed in this Episode: - Checks by Jack Butcher, mechanics & permissionless art - Ordinal Inscriptions & Bitcoin NFTs - Why are Bitcoin maxis against NFTs on their blockchain? - Latest from Floor! - Eggball NFTs & the Reddit experience - Digi DRAGONS $6.5M ad at the Eggball - What are Veblen goods? A podcast by the Floor NFT App community, giving you the alpha on a regular basis. Featuring: - Chris Maddern, Founder of Floor NFTs App - Pet Berisha, Award-winning podcast creator - Corwin, Community @ Floor - Curtis Cummings, Developer @ Floor - Chris K, Co-Founder @ MadeWithMason Great advice. Not financial advice. Follow us on twitter @TheFloorcast Artwork by Patrick Lewis.

Today we have an interview with Leigh Murphy about art and prepping and her journey from a poverty mindset to prepared. Livestream Schedule This Week Tuesday Live with Jack Spirko, John Willis Wednesday Live with Louise Milleman Thursday, SRF Live with Tag from Life Done Free Friday Homestead Happenings will be rescheduled to Saturday Today's Sponsor: Brave Botanicals FreeOunceofKratom.com Featured Event: CBDC Opt Out Challenge FREE Five Day Workshop Show Resources www.artbyeighmurphy.com Main content of the show www.artbyleighmurphy.com has an abbreviated but much longer bio. Long time fine artist with over 100 awards for her art, over 20 museum shows of her work, art in collections on three continents, Who's Who of American Women for accomplishments in art, signature member of the American Watercolor Society and Florida Watercolor Society (not that it means much outside that world), published writer in the art periodical genre. Etc. 6-8 Questions for Nicole to Ask •Why I think more artists/creatives should be preppers, they probably are but would not admit it. •What is a "Veblen good" and what that means for those who create them in this economic climate •selling art changed drastically (for me anyway) when the Great Recession happened and it really has not come back since then. •What it's like to be an artist who is a prepper/survivalist and how isolating that can be. •going it alone, and so many of the pitfalls of being single and the importance of setting boundaries. Being seen as an expendable resource and/or your priorities are not important. •along that same thing, dealing with the perception of being a prepper/survivalist and handling the usual contempt of others - until they are in a bind and come to you to save them. This and the previous bullet point tends to be far more of a problem with women. •TSP has been my "safe space" for years and I can say stuff there that I could never talk about to other artists and creatives. Interview Membership and Coffee Pitch Make it a great week GUYS! Don't forget about the cookbook, Cook With What You Have by Nicole Sauce and Mama Sauce.  Community Mewe Group: https://mewe.com/join/lftn Telegram Group: https://t.me/LFTNGroup Odysee: https://odysee.com/$/invite/@livingfree:b Advisory Board The Booze Whisperer The Tactical Redneck Chef Brett Samantha the Savings Ninja Resources Membership Sign Up Holler Roast Coffee Harvest Right Affiliate Link

Le mois de novembre rime avec le Black Friday, ce jour symbole des bonnes affaires mais aussi de surconsommation. À l'heure où la planète est en danger, et si on changeait nos pratiques pour aller vers la déconsommation ? Cette semaine, Maintenant, vous savez met en lumière concepts et initiatives liés à la déconsommation. Taxer la publicité, voilà la drôle d'idée suggérée par l'institut Veblen - une association à but non lucratif - ainsi que l'association Communication et démocratie. Les deux organismes ont publié en octobre 2022 un rapport dans lequel elles suggèrent de taxer la publicité. Il est intitulé : la communication commerciale à l'ère de la sobriété : Taxer la publicité pour consommer autrement.  Pourquoi est-ce une bonne idée ? Et concrètement, à combien de pourcentage s'élèverait cette taxe ? Est-ce une solution miracle ? Écoutez la suite de cet épisode de "Maintenant vous savez". Un podcast Bababam Originals, écrit et réalisé par Johanna Cincinatis. À écouter aussi : Qu'est-ce que le Giving Tuesday, la journée mondiale qui encourage au don ? Comment être à la mode en achetant uniquement de seconde main ? Qu'est-ce que le bonheur national brut, cette alternative au PIB ? Learn more about your ad choices. Visit megaphone.fm/adchoices

Les nouveaux iPhone 14 dépassent pour la première fois la barre des 1000 euros en Europe. Pourquoi Apple vend-il ses produits aussi cher ? Et pourquoi les acheteurs sont-ils toujours au rendez-vous, malgré tout ? Explications de l'économiste Erwann Tison.  Les nouveaux iPhone 14 et 14 Pro s'affichent en France entre 1019 et 2129 euros. Pour la première fois, il n'y a plus d'iPhone de dernière génération à moins de 1000 euros. Un cap a été franchi. L'inflation et les difficultés d'approvisionnement en semi-conducteurs n'expliquent pas tout. C'est surtout la parité Euro-Dollar, défavorable aux Européens depuis la guerre en Ukraine, qui est responsable de cette flambée des prix dans toute l'Europe. Aux Etats-Unis, les prix des iPhone, au contraire, restent stables par rapport aux modèles précédents. Au-delà, Apple a toujours fait le choix de vendre ses produits à des prix élevés. Une stratégie qui semble lui réussir depuis des années. Mais comment expliquer que les acheteurs soient de plus en plus nombreux ? Selon l'économiste Erwann Tison, il s'agit d'un phénomène connu en économie sous le nom d'effet Veblen, qui incite les consommateurs à faire confiance à un produit cher. Les produits de la marque à la pomme sont perçus comme statutaires, à l'instar des produits de luxe. En outre, Apple a été le premier à exploiter cette stratégie et sa réussite illustre la règle marketing du "winner takes all" (le gagnant rafle la mise). 

Au sommaire cette semaine : les annonces Apple et les prix (exorbitants) des iPhone 14, la conduite autonome de niveau 3 désormais autorisée, les vertus de l'innovation low tech selon EDF. Bonne écoute !  Voci le détail de ce que je vous ai concocté : • Apple Quoi de neuf sur les nouveaux iPhone 14 et 14 Pro, les nouvelles Watch et les nouveaux AirPods Pro 2 ? Et aussi pourquoi les produits Apple coûtent-ils si cher (plus de 1000 euros pour les nouveaux iPhone) ? D'après l'économiste Erwann Tison, la marque à la pomme exploite à fond l'effet "Veblen", selon lequel les consommateurs sont naturellement attirés par des produits onéreux. 

There has been a big surge in wine consumption on a macro level in recent years. California production is down due to both the removal of acres and climate challenges. Because national production cannot keep up with demand, imports have increased. Dr. Christopher Thornberg, Founding Partner at Beacon Economics and Director of UC Riverside Center for Economic Forecasting looks at big picture economic themes in the wine industry. From differentiation with sustainability, to an economic perspective on pricing water use, to the need for regional marketing efforts. Collaborating with the industry, local partners, and government can bolster the success for all people coming together to make great wines.   References: 83: Sustainability: An Advantage in any Market (Podcast) Beacon Economics California and U.S. Wine Production (Wine Institute) Central Coast Economic Forecast Christopher Thornberg's Biography Eco-Certifications Increase Sales Economic Impact of California Wine (Wine Institute) SIP Certified Sustainable Ag Expo November 14-16, 2022 | Use code PODCAST for $50 off UC Riverside Center for Economic Forecasting & Development Get More Subscribe wherever you listen so you never miss an episode on the latest science and research with the Sustainable Winegrowing Podcast. Since 1994, Vineyard Team has been your resource for workshops and field demonstrations, research, and events dedicated to the stewardship of our natural resources. Learn more at www.vineyardteam.org. Transcript Craig Macmillan  0:00  My guest today is Dr. Christopher Thornberg. He is a founding partner of Beacon Economics and he's the director of the UC Riverside Center for Economic Forecasting. Dr. Thornberg, thank you for being with us.   Dr. Christopher Thornberg  0:11  Great to be here.   Craig Macmillan  0:12  You are an economic forecaster, macro economic forecaster. And you have a lot of experience in all kinds of things. This is a wine show, obviously, wine and grapes. How do you see the role of wine in the bigger kind of economic picture in the United States?   Unknown Speaker  0:29  Yes, you know, is interesting. I'm a macro economist, I'm based here in California, I spend a lot of my time talking about big things, interest rates, inflation, consumer spending. But at the same time as a California based guy is a guy who's done lots of talks in wine country, I've also become relatively cognizant, shall we say, of the ebbs and flows of Ag and the wine economy in general, right here. In California. Obviously, when you think about places like Sonoma or Napa, it's incredibly important part of not only local production, but local tourism. And as such, you always have to walk, you know, sort of watch what's happening in these spaces in these industries. Now, of course, when you think about California wine, when you think about US wine, from a macro perspective, there are two things that are happening simultaneously over the last couple of years. The first thing has happened is another big surge in wine consumption, you think about the history of wine, we saw big gains and consumption in the early part of the century, it plateaued for a number of years. And all of a sudden, over the last few years, yet again, wine consumption on a per person basis is going up, people are buying good wine. So we know from a consumption standpoint, demand is strong. The other interesting part of this, of course has to do with the fact that California wine production is down. It's down, in part because of the removal of some acreage. But it's also of course down because we've had not exactly the best weather over the last couple of years. And so you do have this interesting situation whereby California production has not been able to keep up with, if you will, national demand. One of the results of that, of course, has been an enormous surge of imports into the United States. So so times are good from an external standpoint, but obviously producers here in the state are facing some substantial headwinds, whether we're talking about land, whether climate labor, and of course, the real question is, is how does this thing shake out? Where does this thing hit?   Craig Macmillan  2:25  That's what everybody's wondering, you know, the investment in vineyards and wineries is substantial. Everybody wants one I've discovered in my consulting career, everybody wants to get in not always such a great idea that takes a lot of capital. And it takes a long time. Many wineries are losing money for 10 years or more before you even get close to breaking even depending on the product and the place. I have had many conversations about well, what can we do to kind of protect us, you know, what can we do to kind of, you know, get it get ahead of imports? What can we do to make our product special? So that can we be protected from some of this? And I would love to know your thoughts on how can a producer of a good like wine or wine grapes goes into wine? What things can they do to try to gain a bigger market share, again, something like imports or how to protect themselves against losing more of the marketplace.   Unknown Speaker  3:16  I don't think California wines are losing market share. Like if you look at the numbers, for example, crop prices, they're way up, they're doing very well. Sonoma's prices are very high Napa's prices are very high. I mean, to give you a sense, remember I get I focus on the entire state. And I always have to point out that there are more acres of wine grape production in Fresno by a good margin than there are in Sonoma, Napa combined. Now a lot of people outside the state are shocked by that. But then I have to point out you know, California box-o-wine on some the bottom shelf there in the supermarket. That's all made in Fresno. It's a perfectly reasonable part of market as the case may be. But it's a different kind of situation. It is a commodity product, as opposed to the name brand products that are made, of course in the vintage regions. And so when we have this conversation, the question is which part of the conversation are we going to have? Right? Are we talking about the prestige dub? Are we talking about the commodity stuff? Obviously, where you're located, you'd say the prestige stuff is, is more important, in a lot of ways. The prestige wines are doing fine, but the prestige wine industry in general has a problem. And the problem is you already said it that people want to be in the industry. It is a an ego industry. Everybody who makes a gazillion in finance wants to have a winery. That's how you impress your friends. Correct. You're in Wall Street. And so you do have a lot of guys coming in. Primarily guys, I appreciate the sexism involved there but I think we know that the guys are coming in buying these. These ego wineries, if you will, are predominantly men. What they're doing is flooding the market with a tremendous amount of great products in a very odd way, because they don't care as much about profit margins. Now what happens, of course, is, if you are that small winemaker who doesn't want to go commodity, you're the small one winemaker who wants to make a quality product, you suddenly find yourself between the rock and proverbial rock and the hard place. The rock are the commodity guys, and the hard place are those rich guys who don't care about a profit, and how you navigate in between those. And, you know, as a macro economist, I'll be the first person to tell you I don't have any clue.   Craig Macmillan  5:36  Business Strategy thing there.   Unknown Speaker  5:37  It obviously is a narrow path you have to walk in, and in general, they do I know enough small, high quality wine growers, you know, you can do it. But you got to be modest in terms of your ability to, shall we say, have great success here, you're going to have to be very careful as you navigate that.   Craig Macmillan  5:55  You know, this actually, this reminds me of a conversation I've had many, many times, and that is how do we make ourselves stand out? Yeah, we need people to know us, we need people to respect that we do. And there's different kinds of ways you can do that. You can try to get people to say, oh, this is the best quality product, everybody jumps up and down. But how do you communicate that that's tough, you need scores, reviews, things like that, that you have no control over. Or you can say it's a price based thing. So we're going to try to be a bargain brand, we're gonna have this level of quality at this lower price, right? Makes sense. But there's also lots of other kinds of signaling something called virtue, virtue signaling, where you can say, hey, there's this other thing about us, that makes us really special. And some of it has to do with maybe family, a lot of wineries really focus on the fact that it's a family business. And you know, we're we're kind of the working class heroes, even though we have this amazing property in this edifice, winery bootstraps and that's great. There's also virtue signaling around sustainability, I have kind of wondered whether that signaling how effective that is. So for instance, this organization Vineyard Team has a sustainability certification called SIP sustainability in practice, and lots of folks have gotten certified folks who are making really good quality wine, folks whose farming practices I am familiar with, and we also certified wineries and they're doing a great job. One of the things I've always wondered is how responsive are consumers to things like virtue signaling? Do you have an idea how how people respond to that kind of thing?   Unknown Speaker  7:21  Yeah, no, no, no, listen, there's a whole literature on this in economics. We know virtue signaling is incredibly important in more industries than just wine. I mean, whether your whole foods, pretending you're organic, because they're not really in hand, or, or in so many other places. virtue signaling is a singular part of business, particularly today in this era, where there's a lot of concerns about the environment where things are going. So to me, I think it's something that the industry continues to need to invest in, along with what I would call the other kind of branding items. One of the things that got me into wine in general was my explorations of California wine country, which again, we all have to keep in mind. I think a lot of wineries find their best clients are often the ones who wander into their winery for that tasting. And one of the questions is, is Nomad as a region, making sufficient efforts on making wine tasting available to folks on a more regular basis? How are they going about especially now in the post COVID area, when if people suddenly have a myriad of potential attractions available to them? How is the region standing out there among all these other things that are now available to people after a couple years of closure and say, Hey, no, no, no, you still need to come back here. You need to come to Sonoma. Get up here to Healdsburg get out there to, you know, and Russian River products and how do you encourage them to be there? So I think that aspect right now has to be heavily in the minds of, of local development.   Craig Macmillan  8:59  So one of the things that I've observed, certainly on the Central Coast, and I think it applies in other areas as well, definitely, you have vineyards that are really production oriented, and selling their grapes out of the area, places like Napa Sonoma, for the Central Coast as an example. Then you have a couple of pioneers that try and say, hey, we're gonna keep some of this, they do well, that brings other people into the game. And then eventually, there's a need for other kind of other auxillary businesses and activities to come along. So you need hotels, you need restaurants, you get horseback riding and balloon rides, and then people start to come for a variety of reasons, as well as not just wine or even if they come for wine, they start to enjoy other things. How important do you think that is for creating a stable marketplace for the wine industry or encouraging the growth of the market for wine?   Unknown Speaker  9:46  Yeah, it listen, it's incredibly important for a number of reasons. Obviously, ultimately, your best customers are the customers who come to the winery who join your wine club who get that every three months case of wine. Every winery wants those direct people and the direct people are the ones are going to show up in a room. So you say you need to be part of a concerted effort locally to build the wine tourism industry. And yes, by the way, that means you have to have other attractions as well, as anyone who's gone wine tasting can tell you, after about four or five wineries, you're not tasting much of anything anymore. Yeah, yeah, you really need to have other things to do for the rest of the day. And that means having again, an economic development strategy locally that tries to build up the entire tourism industry, it's the restaurants, it's the hotels, secondary attractions, and how do you tie them all together? And how do you build those regional collaborations that benefit everybody? How do you build the money necessary for that? The other thing, of course, ultimately, is that by doing that, you're driving the long run brand. You know, everybody knows Napa, you go anywhere in the world, you say Napa, people know Napa, you get to Paso Robles, there's some awareness, certainly better than it was 20 years ago, but nowhere near that of Napa. But over time, as you get more clients, high end clients who were serving the local wine at a dinner party, other people get aware of it. And it builds up until the point that you to have, if you will, almost that international reputation of a place like Napa. Now, what's interesting is, you know, when we think about this, particularly here in California, there is what I would call those those organizational outreach efforts. How do we make this all work for everybody outside, but here in California, we have an interesting problem is we don't make it very easy for local governments to do these kinds of things. Because here in California, for example, we don't build enough housing. You know, the Paso Robles region, for example, is shockingly devoid of multifamily housing, but it's multifamily housing you need for those young folks who are just trying to break into the industry, for the folks who are going to work in your wine tasting room or work in these restaurants. If you're not building multifamily, how are you going to build your labor force and able to be able to man, all these tourist operations, it has to be really a combined vision, because there's a lot of things that go sideways in these efforts. And ultimately, if you will diminish the the all you know, it's interesting, I'm an economist. And so at some level, I always come to the conversation with a big role to be played by the market, right. That's what economists are all about the market. But what we're talking about here is a brand reputation, which is a social product, we own it jointly, if you're in Pasco, if you're in Sonoma, if you're in the Finger Lakes, if you're in, in Walla Walla, Washington, you all own commonly that brand, and you have to have a local conversation to make sure you're all doing the right thing to support that brand. And that means you desperately need local, some sort of local cooperation. Typically public doesn't have to be could be a nonprofit, or public private partnership, whatever it is, but you need to have those institutions there to drive the whole thing forward. The good news is yet again, wine is one of those things that kind of attracts everybody's attention. It's almost like Hollywood, but slightly less evil. And if you can get people interested, because it's fun, it gets people to the table. But you have to have that regional collaboration, you got to make sure people are there. And it takes these kinds of community conversations.   Craig Macmillan  13:31  Are there organizations, people positions, that should be could be leadership in that process? And what role did the producers themselves have in this process, because like you said, I need to have folks who can work for me at a wage that I can afford to pay. And quite frankly, I need it to be stable. I don't want to put a year of in training, and it's very specialized thing, and then have them bail, and have to start all over again. I want to have employees that are happy, and they're confident they're settled. So what role does something like the grower community having this effect? I mean, do you go to meetings and say, hey, we need housing? Do you go to the politicians and say, hey, we were gonna lobby you to take this seriously? What's the strategy?   Unknown Speaker  14:13  My personal advice on that is, again, every region should have some sort of public private partnership, right? You build up some sort of local wine tourism chamber, if you will. And you bring in public plank, private clients, you put money into a kitty and use that to push forward the kind of conversations necessary, whether it's about branding, tourism or local, if you will, development needs, you got to have everybody at the table for that kind of coordination and cooperation, for better or for worse. The nice thing about government in this particular case is they can enforce if you will, some sort of fairness and supportive such an organization. One of the things I always worry about when it comes to the strictly private nonprofits I get like a Chamber of Commerce is the tendency for free riding, you're always gonna have two winemakers who are going to be very happy to, shall we say, take advantage of making money off the name brand, but they're not going to participate in the in that social efforts. And it's good to have a little authority, if you will, to make sure everybody's contributing at some level to ultimately, what's good for the social good. So that's helpful as well. And of course, that one of the bigger issues here has to do with how such organizations deal with whatever called some of the broader pressures we're dealing with. Because like, when you talk about housing, it's not just ag, right? It's everybody. And they have to be there to bring wines point of view to the table, when you have planning meetings, when you're discussing the lack of multifamily that has to be the voice of the community at those particular tables. That's, of course, particularly profound here in California. But there's been a big decline in wine production state over the last couple of years. And it's because we've had some pretty hideous weather, incredibly dry. We know we are in a big water shortage, the ag industry in general has got to be part of the solution to water shortages here in the state. And by the way, it behooves the wind industry to be part of the process to get ag to the table. You know, it's interesting, when you think about the water shortages that we're dealing with right now, a lot of folks point at, say, for example, nuts, there's, that's a big enemy. No, until we're growing nuts, how dare we grow nuts in this state,.   Craig Macmillan  16:30  So many gallons to produce a pound almonds, that was the big one a couple of years ago.   Unknown Speaker  16:33  But what's the value of that pound of almond see, you have to think about the dollars coming off the trees coming off the vine or treesout of the ground, it's not gallons per pound that matters, it's gallons per dollar that matters. And the problem you have with water in the state of California, is this just allocated on the basis of 120 year old agreements, there's no economic logic used to assign where that water is used. It's not just oh, take it away from the farmers to get into the cities, we have to understand that high value crops suffer as well. So it behooves everybody in the ag industry to come to the table to have these conversations. Because if you're not there, if you're if you're part of this, what's almost seems to me to be a boycott of negotiations over water, that's what ag is, right now, we're just boycotting this, if you even if you even bring it up, we're gonna we're gonna ask you, do you think people should stop eating eventhough that's a ridiculous question, you can't do that. You got to be at the table, you got to acknowledge the problems, acknowledges solutions and work towards a compromise. And again, I think the wine industry, the wine grape industry, here in the state has a lot to say about this. And they should be part of that conversation that should be part of pushing that conversation.   Craig Macmillan  18:02  So this is a really interesting division they've seen philosophically amongst growers, and also other areas. If I have pumps, if I have wells on my land, the water that comes out of that, well, is that a private good? Is that benefits me, and is not somebody else's property? Or is it a public good, that I'm taking advantage of and we're all going to hit a tragedy of the commons? Well, okay, I'm using a bunch of terminology that and that's where a lot of conflict comes from is if I'm treating it as a private good, or am I being quote unquote, responsible. You hear people say that, and this treating it like a public good, then what kind of benefit am I getting for what I'm doing? So I very much get your point, I would love to hear a little bit more about if I am drawing a public good and much like grazing sheep on the commons, where it came from, but I'm contributing to the economy. I'm hiring people, I'm paying wages and paying taxes, protecting this land from some other use. That's another thing.   Unknown Speaker  18:58  I don't I don't like that term at all.   Craig Macmillan  19:00  Okay, go ahead. Hit me.   Unknown Speaker  19:03  You're protecting the land from another use. What does that mean?   Craig Macmillan  19:06  Oh, it's an open space argument. If you if you consider vineyards to be open space, then I'm keeping this land in open space, as opposed to letting a big housing development go in.   Unknown Speaker  19:15  Okay, well, first of all, we have more wealth, way more wind acreage, and we have need for new housing in California at the moment. So I'm a little dubious of that specific argument. And I think that the whole idea of market economics is it allows whatever scarce resource to be used at its greatest possible potential. If a hunk of land is more valuable as houses than it is winegrapes, then we should be building housing there. That's the logical economic outcome. Unless there's some sort of externality we can point to and there may well be there's a value to open space that often doesn't get priced into these conversations. That's a completely different debate for a completely I think different show is as the case may be. But in general, look, let me put it this way. Water is a public good. It just is. We know that. All right, nobody owns the water, the water under your land is part of a massive aquifer. It's not just under your land is sloshes over the place, just like the river running by your farm, it has people upstream and downstream. And you don't want the people upstream of you taking all the water before it gets to you. I don't think you should be allowed to take all the water for gets the next person down the way, we again have to have a cooperative solution for how to deal with this water question. Now in general, if we acknowledge it's a public good, there should be a public price for the product. It's as simple as that people should be paying for the water they use, which they don't do in this state. At any real level, our water agencies charge people on the basis of cost, which is not a market price, it's not the relevant figure, we need to price water at a level that will basically constrain usage to a reasonable sustainable amount. Now guess what? The good news for wine grape growers, particularly for higher end wine grape growers, is you'll be able to afford a higher price. Why? Because you're producing a high profit margin usually, sometimes water is not your cost, you could do it. Whereas folks would probably get pushed out as yeah, I would anticipate that some hay farmers may no longer grow hay. Now, by the way, before we feel sad for the Hey, farmers, remember, if I'm talking about using a market, that, hey, farmers are going to get paid for not using their water. And by the way, they will almost assuredly make a hell of a lot more money selling their water than they are selling the hay. Yet again, we end up with a good social outcome all the way around. This is a win win win proposition that I'm suggesting here. But again, it's amazing the mental lock we have when it comes to having conversations about applying even basic market mechanisms to water consumption. When as a quote unquote capitalist economy, we seem to rely on markets to supply most of our basic day to day goods. It's interesting. Yeah.   Craig Macmillan  22:14  So this is just my perspective. I'm curious, would you agree that there's a lot of resistance to the idea of paying for water?   Unknown Speaker  22:19  We already pay for water. I mean, everybody pays a little bit, but obviously, the are wildly different. What I pay for my water at my house in Los Angeles is completely different than what the guy's paying for water for hay in Imperial County, which is different than what the winegrape farmer in Fresno is paying for his water. So we all pay completely different prices. For the most part, those prices are way below what they should be. Really all ends up being some bureaucrat out there saying okay, well you're paying under so you can only consume X amount. Again, that's the wrong way of doing things. We really want prices to be more equilibrated. It means allowing the market to set some sort of price, and then allowing the various market participants to purchase what they can economically do at that price level. Is it complicated? Not to go off topic here. But let me just your typical, I've done some of these calculations, your typical hay farmer Imperial County makes about from best case scenario, 15 to maybe $50 per acre foot of water, they used to grow hay, right? There is debate going on in Orange County right now about opening and desal plant, that desal plant to be clear will produce water at something on the order of 2000 to $2,300 per acre foot. And of course, that doesn't even include the environmental damage such plants create because they are bad for the oceans. We know that. Why would we do that? Why is it Orange County's paying those farmers in Imperial I don't know. let's give them $400 An acre foot that's roughly 10 times what they're making growing hay. By the way, that still leaves you $1,600 An acre foot to do environmental remediation. Move the water to Orange County. Economic remediation if you think parts of the Imperial County will suffer because there's less hay being grown. I'm not sure what it would be but maybe there's somebody getting hurt their. To me there's so much money being left over how can this state be anything but better off with that transaction taking place? The only as far as I can tell the only agents who suffer are the cows and horses in Korean and Japan are going to be denied their lunch.   Craig Macmillan  24:42  You do have to put the frame on you do have to put on the box. You know what area are we looking at and what's a rational box to draw? And then who are the players in that box and what's the resource and how much resources there right here are you talking about the making a market for Wwater. Aren't markets, volatile, unpredictable, potentially dangerous? I mean, that's a value loaded word. I know, but.   Unknown Speaker  25:09  What does that mean? Exactly? We have markets for apartments and market for home and markets, gas markets for milk. They work everywhere. What really were afraid of a market. Since when? This is a market economy. There are places that markets don't work very well. I agree with that, by the way, health care markets horrendous. We don't we don't need markets running health care. That's a separate conversation for a different podcast. I'd you know, I just opened up a massive can there. But when it comes to this, isn't this isn't healthcare, water is water. And markets make sense.   Craig Macmillan  25:44  Again, how would a group of growers engage that? Can you see wine grape growers being leaders because their crop is different. That's again, one of these things we've had danger in a multi-ag, in multi crop counties is like the wine folks, you're gonna like, hey, we don't use anywhere near what these guys use. But you don't want to throw that out there. You want to throw that stone because we need to get them involved right in the plan. And yet winemakers have a couple of things going for them. Number one, they have prestige. So I think that they get attention. They have a commonality that I think holds them together better than other crops, because everybody's in the same boat. And yeah, commodity growers are in the same boat. But I've seen this in wine where people are a little bit more willing to get together. There is a lot of conflict within the group, obviously. Can you see growers being proactive towards this process and saying, hey, we think this is a good idea, we think this will not only help us we'll have everybody else does the sustainability aspect here because people want to be sustainable. So they're going to be looking for things that say, Hey, this is going to help us have water and also we're gonna be able to use it equitably. Can you see the movement there? What does that look like? Or have you seen examples of this kind of thing in other situations?   Unknown Speaker  25:44  listen, where your hometown Paso Robles, the classic case of this, right, because we know there that there's our growers and buyers who are heavily involved with local water conversations. They can have an they should have a seat at the table, whether it's local, or statewide, or national. The industry's sustainability, at some level is ultimately tied to the sustainability of overall agriculture in the state, just like your sustainability, as a brand is going to be tied to your local branding and tourist efforts. You have to understand the broader macro nature of the world you exist in and be part of those broader processes. By the way, what I just said is true, not just for conversations about water, or housing, it's conversations about politics in general, not to go too far off into left field here. But a lot of Americans right now feel completely alienated from politics as it exists right now in the US, you look at both parties who are talking about topics and conversations that seem almost completely bizarrely foreign to your actual day to day living your world. And you wonder how we got here. And again, it's a function of a lack of participation. We are social creatures, we exist within a community. And when the community starts going directions, we don't understand, then we have to look in the mirror and ask, is it because I'm not being part of those conversations? And if so, how do I become part of those conversations? How do I get involved? And the answer is being a leader yourself, or supporting organizations that are going to go out and lead on your behalf. It's about being involved, which, again, when you're trying to build a brand, when you're trying to make sure you have enough workers on the wine farm and in the wine tasting shop, I appreciate how hard that is. If you're relying on somebody else to make the right decision, well, then you're not going to be able to, shall we say have a moral high ground to complain when the decision is not what should happen have happened. We have to remember that we have to remember that the that the broader ag community, wine producers wine grape producers can be part of this broader conversation. And indeed they should.   Craig Macmillan  29:16  And perhaps they need to be.   Dr. Christopher Thornberg  29:18  Yes, I think so.   Craig Macmillan  29:19  We're talking about an imperative here. Yeah. Yeah. And that probably applies to lots of other things. We've seen it with habitat. We've seen it around pesticide use. We've seen our worker equity, and a lot of really positive things have happened in the last 20 or 30 years. This is the next one. I go back and I look at sustainability reports. And it was from various companies and I see lots of stuff about habitat. I see a lot of stuff about workers, electricity starting to show up more and more. They almost never touch on pesticides. That's like the third rail, which is too bad because the industry has been doing a much better job last 30 years than they did but then the one thing that I always noticed is missing is water. There's nothing about really what are we doing about water in some cases they do, don't get me wrong. Some folks are very out there saying, Hey, look at what we're doing, but a lot of them are not. And I think that may have to become, like you said, part of the identity and big focus for how people behave, and getting involved at different levels.   Dr. Christopher Thornberg  30:11  And now more than ever, because we all know that California is drying out as part of the climate change that's around us. We still have lots of water. You know, I keep saying I've always say that we don't have, if you will, a drought in as much as we really don't have enough water to go around. We do if you actually sat down and applied basic water conservation efforts, you would actually see we have plenty of water in this day, we just have to use a smarter, that's where we just fall over. Because we don't seem to be able to get to that conversation that ag can change, they can continue to thrive through this process. You we got to stop the whole, every time there's any kind of conversation about change. The first place we go is existential threat, you know?   Craig Macmillan  31:05  Yeah, exactly. Oh, yeah. Threat to my life. That's a tough one. That's a tough one. It's a very basic kind of socio sociological, psychological reaction. You know, the change is like, Oh, my lifestyles threatened. Me, and my family has done this for 1000 years, whatever, which completely aligns the fact that you okay, your people been on the land for 150 years, but they weren't wearing sneakers. You're wearing sneakers now. They weren't wearing blue jeans, you're wearing blue jeans. They didn't have diesel powered tractors, you have diesel powered tractors now. And all of those things, some of them are about just changes in society and the way people dress and and culture, but also a lot of it's about efficiency.   Dr. Christopher Thornberg  31:42  And you didn't have 40 living in California, and you didn't have a 20 year drought behind you. The world is not same nor should your life be.   Craig Macmillan  31:53  And it's not gonna be Yeah, well, that's great. This is pretty much the time that we've got, I would love to just sit down and like have a beer with you. This is I was gonna, I was gonna ask you about Veblen goods. But I think that might be a totally different show, not a different episode. What is what is one thing you'd recommend to our listeners just in general.   Dr. Christopher Thornberg  32:13  I exist in a world as an economist right now, where there are economic realities. And then there are public narratives. In the 25, 30 years, I've been studying the economy, never have I seen such a massive gap between public narratives and the economic data. How many times does the newspaper use the term cliff were at the cliff edge, we're on the constantly right, and we have panicked ourselves to ridiculous point. And as a result of that, we paralyzed ourselves for fears that don't actually exist. So my one advice to everybody out there is turn off the crisis mode, you got to turn it off, let it go. The world changes, we all have to sit down and understand that. And from a community standpoint, we could figure out the best way to move forward, if we can have conversations about how we all adapt together. But if everybody's screaming under the world, everybody's screaming crisis, everybody's creating an existential threat where it doesn't exist. Again, we're paralyzed. Thus, we cannot respond to crises. Thus, the crises become that much worse. By not allowing that mentality to exist, we can actually take these things on, and all be better off, but it means Yeah, it means taking a step back and being a little less selfish and, and a little more willing to hear other people's opinions and outputs and and moving accordingly. We live in and I think we live in a period of time where people are having a tough time with that. And that's we again, you gotta look in the mirror.   Craig Macmillan  33:48  That is great advice. Very insightful. Where can people find out more about you?   Unknown Speaker  33:52  Yeah, well, Beacon Economics, beaconecon.com. We do all sorts of stuff. You'll find some stuff I write on a regular basis, which goes around to a lot of these topics we touched on here, so www.beaconecon.com.   Craig Macmillan  34:05  Our guest today was Dr. Christopher Thornberg, founding partner of Beacon Economics and director of EC UC Riverside Center for Economic Forecasting. Dr. Thornberg, thank you so much. This has been a real pleasure. This has been really really fun for me.   Unknown Speaker  34:18  Absolutely. Me as well. I enjoyed the conversation.   Transcribed by https://otter.ai

durée : 00:04:16 - Café Europe - par : Stéphane Leneuf - Deux textes sont actuellement au cœur des débats européens pour tenter de réguler les crypto monnaies en Europe. Un dossier qui divise énormément. - invités : Aurore Lalucq - Aurore Lalucq : Eurodéputée Place Publique, Alliance progressiste des socialistes et démocrates au Parlement européen (S&D), économiste et Co-directrice de l'institut Veblen

Greetings, fellow Bastardo! This week on The Viva Bastardo Show we have one of the better known analog car collectors on the internet, Gioel Molinari, aka "redshift75." Phil and Gioel talk about Gioel's analog-oriented car collection, extraordinarily good meat slicers, Veblen goods, watches and more. This episode is sponsored by: Inbound Motorsports and Economy Signs. The Viva Bastardo Show is part of the Hagerty Podcast Network.

Get Access to exclusive episodes by becoming a Patron: https://www.patreon.com/OneDime In this episode of the 1Dime Radio podcast, we explore CASP: Capital As Power. A relatively new heterodox theoretical framework of political economy that takes a lot from Veblen school of economics, Marxian Economics, and anarchist ideas and makes it's own unique contributions that question the assumptions of neoclassical economics, Keynesian economics, and Marxist economics. I am joined by my friend DenimGod, who is a graduate student of economics at the New School and specializing in CASP. You can find him on Twitter at: https://twitter.com/DenimGod4lyfe Capital as Power was invented by Jonathan Nitzan and Shimshon Bichler in their book "Capital as Power: A Study of Order and Creorder." The Guest gives a synopsis of CASP and how it can help us understand economic phenomenon such as stagflation, austerity, and why capitalists paradoxically advocate for policies that lead to lower economic growth. Support 1Dime on Patreon at patreon.com/OneDime Be sure to give the podcast a 5 Star Rating on Apple, Spotify, or wherever you listen to podcasts!

Entrepreneurship is an important part of a thriving economy, and entrepreneurship education is intended to make sure that those who have the potential to succeed in this way have the resources and knowledge to do so. But the opportunity for innovation, being one's own boss, and making money are not the only reasons that people become entrepreneurs. Some do so to fulfil a kind of fantasy, or simply to look good. And there is an entire educational sub-industry offering to help them to indulge this fantasy, for a price. In Towards an "Un"trepreneurial Economy: the Entrepreneurship Industry and the Veblenian Entrepreneur, authors Hartmann, Spicer, and Krabbe try to explain a strange trend in recent years: while entrepreneurial activity has gone up, success rates for entrepreneurial ventures have gone down. After considering several possible explanations, they ultimately conclude that a major reason for "excess entry" into what one might call "high-class" entrepreneurship (e.g. founding a tech start-up) is due to a sub-class of entrepreneurs who are not driven to pursue real opportunities in the market, but are simply trying to adopt the identity of an entrepreneur because of its high social status. Dubbed "Veblenian entrepreneurs" (or sometimes "wantrepreneurs") after Thorstein Veblen, the sociologist who coined the term conspicuous consumption at the end of the 19th century, these are individuals who are drawn in by a huge industry designed to sell people a dream and a lifestyle which can take them away from everyday mundanity and make them seem successful to their peers. Consumers of the entrepreneurship industry's products (such as courses, conferences, publications, and consultancy) have been shown to engage in more entrepreneurial activity, while actually having lower success rates. This idea is somewhat analogous to the notion of human capital vs. signalling in education economics - in other words, what is the value of education? Does it make you a better and more productive person, or does it just make you look good to employers? (What is the value of entrepreneurship? Does it contribute to the economy, or does it just make you look good on social media?) It also has implications for entrepreneurship educators. Should we really be encouraging entrepreneurship for everybody who is interested, or should we be discouraging those who are least likely to succeed, so that they can make better choices? Enjoy the episode. *** RELATED EPISODES 115. Bullshit Jobs by David Graeber 103. What Video Games Have to Teach Us about Learning and Literacy by James Paul Gee 23. So Good They Can't Ignore You by Cal Newport

In this episode, we talk about how Veblen goods differ from normal goods.