Tag Archives: consumers
The Twisted Tale of Consumers and Producers
“Every man is a consumer, and ought to be a producer,” observed 19th century philosopher Ralph Waldo Emerson. “He is by constitution expensive, and needs to be rich.” These days Emerson’s critical insight has been tipped up on end. Producers … Continue reading
Travesty of a Free Society
A quick look at the headlines tells us things are looking up. Earlier this week, for instance, the Commerce Department reported that consumer spending rose 0.5 percent in November…notching the seventh consecutive monthly increase. Obviously, this is big news for … Continue reading
Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading