Posts Tagged ‘conspicuous consumption’

  • Looking at Starbucks worldwide, and at coffee and tea consumption, we can form conclusions about economic development.

    How Can Coffee Consumption Be an Economic Indicator?

    Jun 3, 14 • 908 Views • No Comments

    If you live in northeast Montana, the nearest Starbucks might be 192 miles from home while you could choose among 62 Starbucks between 42nd and 59th Street in Manhattan. Beyond the US, Italy has no Starbucks, Canada has 1396 and China, 1219. And,...  [read more]

  • Coffee Conspicuous Consumption

    One Reason To Drink Coffee in China

    Dec 12, 13 • 1801 Views • No Comments

    How can you show your friends (in China) that you have ascended to your country’s middle class? Starbucks. First, some background… A 2010 BusinessWeek article on the world’s most caffeinated countries cited a connection between an...  [read more]

  • Baby Names

    Conspicuous Consumption: Baby Names

    May 4, 13 • 430 Views • No Comments

    Yesterday, I met a 4-year old whose name was Ciela. Her grandmother told me the name, meaning sky or heaven, was selected after a family visit to Spain. According to 3 University of Chicago researchers, Ciela’s parents wanted to convey a message....  [read more]

  • GDP...16843_5.2_9209625-gdp

    iPhone 5 Economics

    Sep 13, 12 • 2414 Views • No Comments

    Explaining the probable impact of the new Apple iPhone, one UPS employee recalled the impact of the last new iPad launch.  At its internal hubs, UPS created more work hours for part timers and enjoyed more revenue because of the volume spike that lasted for...  [read more]

  • shoes, status signals and property rights

    What Do Your Shoes Say About You?

    Sep 4, 12 • 472 Views • 1 Comment

    During a panel discussion, my students were told by a business woman not to wear sandals or even open-toed shoes for a job interview. But, does a shoe really send that much of message? Focusing on the accuracy of the first impression a shoe creates,...  [read more]