Giffen goods are rare forms of inferior goods that have no ready substitute or alternative, such as bread, rice, and potatoes. The only difference between Giffen goods and traditional inferior ...

A Giffen good is a low-income, non-luxury product that defies standard economic and consumer demand theory. Demand for Giffen goods rises when the price rises and falls when the price falls.

But some exceptions exist. One is Giffen Goods. These are typically low-priced staples also known as inferior goods. They're those who see a drop in demand when incomes rise because consumers ...

By Clay Risen James H. Giffen, an American businessman with close ties to the president of Kazakhstan who became embroiled in one of the largest international bribery cases in U.S. history ...

Keith Giffen, the influential superhero comic writer and artist whose career spanned decades and birthed several iconic characters, has died at 70. His family and friends confirmed the news on ...