From early civilization to modern-day society, the economy and currency exchange have ruled who is in power and how lives are led. Germany from the close of World War II to today has proven to be no different. There are clear trends through the documented…
Many people in the U.S. have gotten used to our consumerist society and endlessly partake in it. We can declare to being constantly bombarded by visual stimuli, bear witness to the long lines for limited-edition collaborations between brands, splurging on clothes in-stores or online, and…
Since the moment we were born, our consumerist society has been making an enormous effort to convince us that we’re not good enough simply by being the way we are. The advertising industry has made us believe that the only way to feel comfortable with…
From reading Cocktail Party Economics, there are a lot of concepts which I had found interesting, shocking, and even obvious. The idea in the first few chapters is to just give an introduction about the vocabulary of an economist. This is where I learnt that…
When people buy things they desire, they tend to feel happy about the effort. But does spending money can always increase the level of happiness? In a recent study, researchers found that it depends on their financial capacity and the type of things they actually…
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