Dattatray Dagale

The Invisible Market of Prestige Economics

Why People Buy Status: The Invisible Market of Prestige Economics By Dattatray — An in-depth, human-first look at why status functions like an economic good, how markets monetize prestige, and what it means for individuals, businesses, and society. A small story Ravi had a promotion coming and a choice: fix the leaking roof or buy a mid-range luxury watch. He chose …