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Tag: British economist John Maynard Keynes

The problem with billionaire consumption

Posted on July 16, 2024 By admin
The problem with billionaire consumption

A decorated Rolls-Royce car carrying guests leaves Antilia, the house of Indian businessman Mukesh Ambani, on the day of his son Anant’s wedding in Mumbai, on July 12. | Photo Credit: REUTERS The lavish and extended wedding celebrations of billionaire Mukesh Ambani’s youngest son has brought to the forefront the question of “conspicuous consumption” of…

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