Reply to Making SAHM get job to pay for private school

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is not nasty to say someone is objectively wrong when they clearly are, and it's telling that PP can't see that. [/quote]

All you've done is say over and over that I'm wrong, but you cannot come up with one sensible, principled argument to support your point. You just try to insult and appeal to your supposed authority from having taken some intro econ class. You sound like OP actually.[/quote]

NP. According to Wikipedia: 
“In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending.

Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income.[1] Luxury goods is often used synonymously with superior goods.”

In other words, as income increases demand for luxury goods outpaces income growth.

By this definition it is not immediately clear if private school would strictly be considered a luxury good. 
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