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How to Help the Working Poor on Thanksgiving
Want to help the working poor this Christmas season? Nicole Gelinas has a free-market suggestion: Don’t shop on Thanksgiving. More than half a decade on, we’re still missing 976,000 jobs — and we’re...
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Black Friday: A Day of Hyper Generosity?
For many, Black Friday epitomizes everything nasty American hyper-consumerism. Stores everywhere are plagued with overly aggressive shoppers, each stuffed to the brim with carb-laden Thanksgiving chow...
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Retailers and ‘The Religion of Consumption’
There’s an intriguing piece in the NYT from last month by Hiroko Tabuchi that explores some of the challenges facing traditional retailers (HT: Sarah Pulliam Bailey), “Stores Suffer From a Shift of...
View ArticleDeck the halls with macro follies
During the holiday shopping season the media inevitably talks about consumer spending, and how it is vital to economic growth and job creation. But if people are buying more that means that are saving...
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