Faculty News

Prof. Jacob Jacoby weighs in on a Brooklyn coffee shop's high-end latte offering

Excerpt from The New York Post -- “'This thing is nuts,' says NYU Stern professor and psychologist Jacob Jacoby, who likens the lakkris latte to an ostentatious Gucci or Hermès belt. 'It’s about conspicuous consumption — displaying wealth. It says something about themselves: 'Look, I can do this,' he explains."

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