Tagged with economy

What to Wear Today?

 by ishein1 Teenagers, especially during the years of economic prosperity, consistently cast their consumer vote at various clothing retail stores.  Marketers respond by relentlessly attempting to woo this coveted demographic.  Various stores, even ones owned by the same corporation, create varying images in order to create a perspective of “cool”.  “Coolness,” they believe, will induce … Continue reading »

A “New” Economics 101

  by theoryforthemasses In a recent New York Times op-ed, columnist David Brooks questions whether the old, “rational,” Keynesian model of economics is truly useful for trying to understand the current economic crisis. He suggests that while economists have traditionally built elegant economic models of efficient markets based on rational actors, the process of making … Continue reading »

“High Status” Crime That Does Pay

by NickieWild The Bernard Madoff investment scandal has wiped out dozens of individual investors. Many charitable organizations and non-profit groups have been affected by the scam, such as the Innocence Project, Human Rights Watch, and The Center for Constitutional Rights. The JEHT Foundation, dedicated to funding organizations that promote open government and voter registration drives, … Continue reading »

The Rise of the Commuter Marriage

by theoryforthemasses The nuclear family is often understood in terms of propinquity, or the physical nearness of parents and their children to one another. While it is typical for extended families to live apart from one another, we generally assume that married couples and their children live together.  In coping with a challenging economy, however, … Continue reading »

Whose economic crisis?

nmccoy1 The media, the government, and the stock market are reporting and reflecting on the economic crisis that seems to worsening by the minute.  People are out of work, jobs are not paying enough, savings are disappearing and Congress must act now (see article below) to protect the millions affected.  But none of this is … Continue reading »

Millennial Spending

by theoryforthemasses Given the vast changes that have occurred in the American economy in recent months, many families are left wondering about their financial security. Not excepted from these concerns are middle class teenagers, who are wondering whether or not their family’s economic problems are going to affect their ability to maintain their lifestyles. Many … Continue reading »