"A desire for expensive products is related to feelings of social status, which may help explain why minorities are attracted to 'bling,' a new study suggests."
Thorstein Veblen had this covered for all ethnicities a century ago.
I'll take the gold lamé spice rack, the wristwatch from Chanel and the rest on a gift certificate.
So only by keeping minorities out of the upper levels of society are we keeping our economy afloat?
The Coasters knew that back in the 50s
Wait, so when a Wall St suit orders a $75 glass of scotch after work with the guys on a Thursday, it's somehow different?
blah blah blah apple macbook pro retina blah blah blah
I think I read a study a few years ago that basically said the closer you are in socioeconomic status with your neighbors, you're more likely to engage in wealth signaling behaviors.
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