Used to be we would prepare dinner at home while eating out was occasional. No more. Now, especially for lunch and dinner, someone else prepares the food. The Mystery The Atlantic called it “The Great Convergence.” The difference between what…
Mashed Potatoes could be a good way to decide the direction of consumer spending. Where are we going? To consumer spending indices. The Mashed Potato Index (MPI) A pound container of mashed potatoes will cost you $4 at Stew Leonard’s, a NY…
This week’s economic news summary includes Apple’s corporate taxes, Santa’s GDP connection, seasonal spending, the gender gap and the brain and shopping.
Starting with Santa currency, states saying Christmas is an official holiday, and Christmas trees, in the 19th century holiday spending on Christmas grew.
Through the pleasure and pain that fast fashion shopping creates in our brains, we can see why the business model is good for monopolistic competition.
Our economic news summary included climate talks and externalities, “missing women” and Asian marriage markets, seniors’ spending and manufacturing supply.
Through robot innovation and changes in retail and housing markets, nations with aging populations will show the impact of a massive demographic shift.
Our economic news summary includes inflationary movie reviews, baggage productivity, fast food animal welfare grades, Chinese consumer spending and methane.
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