TIL a Giffen good is a product that people consume more of as the price rises and vice versa, violating the law of demand.

https://en.wikipedia.org/wiki/Giffen_good
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1gel7wx/til_a_giffen_good_is_a_product_that_people/