The Economics Of Bling

It's a real phenomenon:

Using nationally representative data on consumption, we show that Blacks and Hispanics devote larger shares of their expenditure bundles to visible goods (clothing, jewelry, and cars) than do comparable Whites. We demonstrate that these differences exist among virtually all sub-populations, that they are relatively constant over time, and that they are economically large.

Sorry but can't resist:

2006-2011 archives for The Daily Dish, featuring Andrew Sullivan

Never Tell People How Old They Look

Age discrimination affects us all. Who cares about youth? James Hamblin turns to his colleague Jeffrey Goldberg for advice.

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Never Tell People How Old They Look

Age discrimination affects us all. James Hamblin turns to a colleague for advice.

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