Tag Archives: economy

In the 1930s, almost 10 percent of [American] Christmas spending was financed with money squirreled away into Christmas clubs—bank accounts … helping consumers save for the holiday. Participants promised to contribute weekly, frequently as little as $0.25 at a time. … Continue reading

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There was a time, not that long ago, when Americans were obsessed with Japan. [Y]ou couldn’t enter an airport bookstore without encountering rows of dust jackets featuring rising suns and samurai warriors. Members of Japanese keiretsu…typically owned substantial quantities of … Continue reading

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(Source: http://www.nytimes.com/2011/06/23/us/23indiana.html?seid=auto&smid=tw-nytimes&pagewanted=all)

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Prices without Money

Met a Brazilian guy last weekend whose grandparents are from the country. Like the real Pirahan country—no electricity. “They didn’t have any money,” he said, and we all thought, like, yeah, I bet they must be pretty poor; I sure … Continue reading

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Prices without Money

Met a Brazilian guy last weekend whose grandparents are from the country. Like the real Pirahãn country—no electricity. “They didn’t have any money,” he said, and we all thought, like, yeah, I bet they must be pretty poor; I sure don’t … Continue reading

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