Tag Archives: *THE VEBLEN EFFECT*
*THE VEBLEN EFFECT*
*THE VEBLEN EFFECT* At 23, Julius Caesar was a junior politician on the way up – and he had substantial advantages: Confidence and Brains! While sailing across the Aegean Sea, he was captured by Sicilian pirates. They demanded a ransom: 20 talents of silver. That is about 620 Kg, worth about $600,000 today. Caesar told […]










