Expenditure on, or consumption of, luxuries on a lavish scale in an attempt to enhance one's prestige.
Conspicuous consumption
Fact of the Day
According to FIFA, football was played in Han-dynasty China (206 BCE - 220 CE): players kicked a leather ball filled with feathers into a net supported by bamboo rods.
Quote of the Day
"We are not makers of history. We are made by history.
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~ Martin Luther King, Jr.
On This Day
1787 The 'First Fleet' of 11 ships carrying convicts to Australia left England.
1888 Slavery was abolished in Brazil.