Then it's pretty strange mixing up the Veblen and the Snob effect. Try reading something published after year 2000. business analysis and consumer habits have actually evolved since the 50's.
These theory's have been further analyzed and been built on. One of these things is further splitting up the snob and veblen effect to not be the exact same thing.
The Veblen effect is the show off effect, while the Snob effect is wanting to be different.
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