This paper intends to discuss significance of human behavior and its economic consequences. The passage from a book named 'Luxury Fever' is important to realize the underlying relationship of economics and human behavior. The purpose of this paper is to make the reader aware about the underlying relationship of economics and human behavior.
Discussion
The main focus of the book in question is the waste of resources that occurs due to conscious consumption attitude of human beings. The author of the book suggests that the maximum amount of time human beings spent with their loved ones provide them intense satisfaction ...