February 19th, 2016

Does waste have a future?

By Dominic Hogg and Mark Hilton

 

When the institutional economist Thorstein Veblen coined the phrase ‘conspicuous consumption’ in the late nineteenth century, it was as a caustic term saved for the very rich. In particular, it referred to the glittering socialites born of the Industrial Revolution, who Veblen saw as wanting and wasting in equal measure.

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