Posts Tagged ‘Thorstein Veblen’

  • GDP...16843_5.2_9209625-gdp

    iPhone 5 Economics

    Sep 13, 12 • 1660 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 • 333 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]

  • A Slice of a Pineapple

    Food Bites

    Aug 30, 12 • 629 Views • No Comments

    Sometimes food is about a lot more than eating. When a !Kung Bushman hunter returns from the forest, he is greeted with, “What, you made us come all this way for this bag of bones?” One Bushman explained why. “When a young man kills much...  [read more]

  • Packaging can shape a buying decision.

    When Did We Become Shoppers?

    Aug 12, 12 • 2652 Views • No Comments

    Who would have thought that the elevator helped us become shoppers! In Made in America, Bill Bryson tells us that the safety elevator enabled stores to expand upward. And having multiple floors meant we could have department stores. We have to travel back to...  [read more]

  • 16480_2.14_000007210772XSmall

    Green Signals

    Jul 8, 11 • 285 Views • No Comments

    When “green” is valued, hybrid car sales will be high. But here is the interesting part. When green is valued, looking “green” sometimes can be more important than being “green.” As a result, people buy more Priuses than...  [read more]