High Prices Can Make Wealthy People Buy More Unsustainable Products
The Horizons Tracker
SEPTEMBER 14, 2022
High prices may be naturally assumed to deter many from buying more of something than they need, which can have benefits if that item is unsustainable. Social costs. Crucially, this also seemed to extend to other purchases that might incur a social cost. “We’re also not talking about really severe social costs. .
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