In response to an article written by Nick Coleman in the current issue (Volume 3, Issue 1, Autumn 2009) of The Economist’s “Intelligent Life” magazine (which, by the way, I find to generally be a very good read).
The article by Nick Coleman, titled ‘The i-Decade‘, talks about what styles and items have defined the past 10 years, with the end of the decade almost upon us.
Responses were collected from various people, and while diverse views were presented, ranging from electronics to fashion, from social media to cars, and handbags to cycling, a common theme mentioned by many commentators focused on an observation of an increase in consumption and consumerism. This was defined by one particular commentator as ‘reckless consumption‘.
Filed under: Global economic environment | Tagged: From Bubble to Depression?, Global economic environment, Intelligent Life, Interest based ads, internet advertising, Nick Coleman, reckless consumption, The Economist, The i-Decade, Vernon L. Smith | 3 Comments »