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Special Report on

Spendthrift to Penny Pincher

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Ideas and discussions about economic and financial literacy issues. Named one of the 100 best blogs for econ students by Online Universities Weblog.  This short piece of video has some good possibilities for explaining "creative destruction" (HT to Mark Perry), but it also opens the door to discussions of division of labor, structural unemployment, complements and substitutes, and economic growth. Give it a look. I think you might enjoy it. And please share your thoughts. John Taylor (of "the Taylor Rule") poses a very intriguing question in this post on Economics One from last Saturday . And while ...
sometimes to the point of forgoing even basic comforts and some necessities. Old people were commonly thought to be miserly but this stereotype is less common since support programs such as Social Security have resulted in less poverty in old age. Freud attributed the development of miserly behaviour to toilet training in childhood. Some infants would attempt to retain the contents of their bowels and this would result in the development of an anal retentive personality that would attempt to retain their wealth and possessions in later life. In traditional Chinese Confucianism , those who were concerned with money – landlords ...
The Recessionary Holdover: The End of the High Roller Ticket Buyer
Many of my wonderful colleagues will soon be heading off to the annual Association of Performing Arts Presenters (APAP) conference in New York, looking to purchase the touring acts, artists, and events they will offer for their 2010-11 seasons. Last year, just as the conference was underway, I received an urgent call from one such presenter. “$50,000 is the new $40,000!” said he. “I don’t know what everyone is thinking – they are buying and buying the most expensive acts like there is no worry at all in the economy, and they will have no choice but to sell these tickets at $80, $100, or more! ... market research, surveys and trends
Smaller Logos? Thoughtful Purchases? Hey … We're all in this together!
Next spring, Fine Living Network, a cable channel created in 2002 at the height of America’s infatuation with affluent living, is slated to be phased out. In its place, Scripps Networks Interactive Inc. will launch the Cooking Channel. Gone will be “I Want That!” celebrating diamond-encrusted sinks, and “Dream Drives,” showcasing America’s richest zip codes. Instead, viewers will see shows focusing on instructional cooking at home. “It’s not so much (that we have) a different audience but an audience that’s acting different,” said John Lansing, president of Scripps ... market research, surveys and trends


Globalization-Recession Link
It is commonly assumed that the current global recession was triggered by the collapse of the US housing bubble, in combination with numerous dysfunctional practices throughout the US financial system. This document shows that it would be a mistake to stop examining the cause-effect linkages at that point. Digging deeper enables one to trace the current Great Recession back through a series of events to the early 1980s, and to a mismanaged globalization process in the US. Political ideologies favoring deregulating the financial system and "Less-government-is-better-government" generally made the Great Recession significantly ... industry trends, business articles and survey research
Faculty in the News - HBS In The News
Understanding business models at the Base-of-Pyramid is critical for future growth: Harvard Business School's Prof V. Kasturi Rangan MBA Universe (07/28/2008) Tarun Khanna Digesting this `happy mutualism' The Standard (Hong Kong) (07/28/2008) John Deighton Whiten Your Teeth Even While Walking the Dog The New York Times (07/27/2008) Marco Iansiti A Souped-Up Model T May Have Been the First Mash-Up The New York Times (07/27/2008) Joseph Bower Stefan Stern on Jack Welch's place in history The Financial Times (07/26/2008) Nancy F. Koehn It's a buyer's market. Haggle. CNN (07/25/2008) Stephen Greyser industry trends, business articles and survey research


Free Book Excerpt (PDF) - Excerpt of Turbo-Mom's Guide to Saving ...
... planner for a number of years as well as a penny pincher since childhood, .... If you have a spouse that is either a spendthrift or not interested or ... technology research, surveys study and trend statistics
Sep 30, 2005 ... debt loads. Will the confidence decline be the third strike that finally transforms. U.S. consumers from spendthrifts to penny pinchers? ... technology research, surveys study and trend statistics
Y2K+10: A New Decade Unfolds
shift from spendthrift to penny-pincher endure? Will the current frugality morph into spending excesses again, or will it lead to a new normal, ...
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How to deal with a cheap friend? - Yahoo! Answers
My best friend has always been cheap when it comes to eating out or going out for drinks. He always takes like 10 minutes to examine the bill in order to split everything perfectly between everyone. I feel like as long as everyone pays roughly their fair share that it all evens out in the end. Sometimes you'll pay more than you should, sometimes less. And he always confronts the server with some mistake on the bill; most of the time there is no mistake. His pennypinching is always a stressful ending to a good time - at least for me. He's also a cheap tipper, which I hate and find embarrassing. He's in ...
How much do you spend on food every month? | Ask MetaFilter
So, I've been mucking around on lately, and I realized that we are spending way, way too much on food. We're a household of two -- husband and wife -- and we enjoy eating good, high quality meat and produce. We'd also like the flexibility to eat out every once in awhile. I think I have a starting place in mind for our food budget, but I'm really curious to see what other people think is reasonable to spend on food every month. I expect to get some kind of wake up call here, though I'm not sure which monetary direction it will be in. Or, we may discover that we're mostly normal, and that ...