We bring you the latest updates from Thedangerouseconomist through a simple and fast subscription.
We can deliver your news in your inbox, on your phone or you can read them here on this website on your personal news page.
Unsubscribe at any time without hassle.
Thedangerouseconomist's title: The Dangerous Economist
Is this your feed? Claim it!
Turkey, stuffing and cranberry prices are all lower, but skip the yams
This is a follow up on yesterday's post. Here are links to some research on this concept:
The Rise of Inconspicuous Consumption by Giana Eckhardt, Jonathan AJ Wilson & Russell Belk. </sp...
I have alot below on Conspicuous Consumption. But what if rich people spend their money and they don't want to be seen doing it? I also wonder what share of spending by the rich is on Conspicuous Consumption and what share is on InConspicuous Consumption. A google search shows that there is research on InConspicuous Consumption...
One weakness of the unemployment rate is that if people drop out of the labor force they cannot be counted as an unemployed person and the unemployment rate goes down. They are no longer actively seeking work and it might be because they are discouraged workers. The lower unemployment rate can be misleading in this case. People dropping out of the labor force might indic...
