The "Ho Ho Ho, Green Giant" jingle wasn't born until 1959, but cooks in 1957 reached for a can of corn with his jolly green likeness for about 14 cents per 27-ounce can. Today, 95 cents will get you a 15-ounce can.
Helen Davies, Marjorie Dorfman, Mary Fons, Deborah Hawkins, Martin Hintz, Linnea Lundgren, David Priess, Julia Clark Robinson, Paul Seaburn, Heidi Stevens, and Steve Theunissen
HowStuffWorks looks at the concept of Veblen goods, where demand goes up when the price does. But why?