How did the price of Converse All Stars went from cheap to luxury?

1.03K views

It used to be that every kid in the block had several pairs; nowadays me and my friends can barely afford two pairs. The technology today allows for a much higher supply, as well as an increase in demand due to increase in population (especially in cities). Not to talk about recycling technology…

The same question goes to Coke and its past awesome gifts/campaigns.

In: Economics