The article explores how Austrian Economics explains luxury marketing, using the iconic Hermès Birkin bag as a case study to illustrate Carl Menger’s Theory of the Good and Ludwig von Mises’ explanation of Human Action.
The article explores how Austrian Economics explains luxury marketing, using the iconic Hermès Birkin bag as a case study to illustrate Carl Menger’s Theory of the Good and Ludwig von Mises’ explanation of Human Action.
Mainstream economists today examine economic phenomena from
In an outrageous act, lame-duck President Joe
