The Roman Emperor is perhaps the most famous example of a self proclaimed Veblen good. In 75 BC he was captured by Sicilian pirates who demanded a ransom of 20 talents of silver, equivalent to $600,000 by today’s standards. But Caesar laughed at them for not knowing who he was, and suggested that 50 talents would be a more appropriate amount.

Julius Caesar
- Post author:isev-admin
- Post published:March 24, 2025
- Post category:Veblen goods
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Tags: History