asterisk2a + behavior   42

UK credit binge approaching levels not seen since 2008 crash | Business | The Guardian
//&! http://bit.ly/2j5VMET - Shoppers are still pulling out the plastic, but borrowing may become less choice and more necessity as budgets are squeezed //&! http://bit.ly/2hW63rg - BOE unable to put "irrational behavior" into models, ie credit binge. //&! wrong for BOE to compare levels to GDP! http://bit.ly/2iR2fGY - AUSTERITY UK KEPT AFLOAT BY CONSUMER CREDIT BINGE! - 2015 economy growth was 80% consumer! &! Carney Warning Jan 2017 - http://www.bbc.co.uk/news/business-38644963
credit  card  car  loan  consumer  debt  household  mortgage  Property  bubble  UK  discretionary  spending  disposable  income  wage  growth  inflation  BOE  payday  auto  recovery  GFC  economic  history  Consumerism  materialism  Brexit  irrational  behavior  debtoverhang  austerity  ZIRP  NIRP  QE 
january 2017 by asterisk2a
Das Paradox - brand eins online
Die Menschen leben in einer modernen Ökonomie, aber sie denken und handeln oft noch nach überholten Regeln. Ein Gegensatz, der Ärger schafft.
economics  paradox  paradox  of  choice  consumer  choice  status  anxiety  materialism  zombie  consumer  behavioral  economics  behavioral  finance  organizational  behavior  Group  behaviour  behavior  Economist  sociology  psychology 
october 2015 by asterisk2a
Plastic bag charge in Scotland sees usage cut by 80% - BBC News
[ the plastic bag chage, 5p, is not enough, should be 50p and seen as penalty! thus it is the little brother of Sugar/Processed Food/junk food/fast food/and animal product taxation (extra levies) to show people every day when they show that they know this is more expensive now because this has to pay for my sick days in later life, like insurance premium for risky behavior, to fund NHS! Even seeing it as carbon tax and environmental levy because of how dirty animal products are! ]"It's now becoming second nature to shoppers to reuse their carrier bags and hopefully to think more about our impact on the environment." [...] Asda witnessing a drop of 90% and Sainsbury's 100% as it no longer offers them to shoppers. [...] The policy came into being in Scotland on 20 October last year and England introduced charging at the beginning of this month.
nanny  state  taxation  surcharge  convenience  public  awareness  public  perception  public  opinion  Policy  Makers  Group  behaviour  behavioral  economics  behavioral  finance  peer  pressure  peer  behavior  behaviour  consumer  choice  paradox  of  choice  lobbyist  lobby  Lobbying  sick  population  chronic  diseases  NHS  private  medical  insurance  insurance  premium  health  crisis  health  care  health  care  budget  public  health  health  self-regulation  regulation  regulators  revolving  door  vested  interest  interest  groups  Standard  American  Diet  Nudge  theory  Western  pattern  Whole-Food  Plant-Based  Diet  Vegan  plastic  nation  plastic  bag  Great  Pacific  Garbage  Patch  climate  change  global  warming  ecological  disaster  environmental  disaster  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  emissions 
october 2015 by asterisk2a
#TOA15: "Enabling Rapid Growth, a CFO’s Perspective" with Lee Kirkpatrick (Twilio) - YouTube
what got u to here, will kill u as u grow larger & larger (the usual (anecdotally) start-up chaos/shit-show will suck the life out of growth/co potential later on, need 2 build foundation/base/pillars/structure in form of CFO/COO/board/HR & some kind of processes 2 follow. so ppl dont have/will reinvent the wheel again. when? u probably will know it when u see it, but still can ask seasoned people who have been through it &/or ask 4 connections though ur VC. // keep being frugal, where possible. Amazon is still being know 2 be frugal. Door desks are still alive in Seattle Offices. No perks like Google/FB. Amazon made always losses, still makes losses via e-commerce unit. Had 2 be frugal otherwise it would actually been dead long ago. // Keep things in place that help/enable 2 grow! customer obsession (inventing in the name of the customer), response, service, keep adding value/value creation. // PLAY 2 WIN! FIGURE IT OUT as u go along around ur values!
Start-Up  advice  Start-Up  lesson  CFO  CEO  Founders  co-founders  scaling  bootstraped  bootstrapping  bootstrapped  Frugal  organizational  behavior  organizational  structure  corporate  values  corporate  culture 
august 2015 by asterisk2a
Alphabet Is More Than Just a New Name | Re/code
Shareholders Don’t Like Moonshots. [...] Organizing as a Conglomerate Makes a Lot of Sense While Google’s CEOs say the new entity will never be a “consumer-driven business,” it’s quite likely that subsidiaries like Android or YouTube could turn out that way. By changing not only it name, but also by reorganizing in a substantial way, Google will change the way the market perceives it. Because they have their hands in many different pots, conglomerates are traditionally seen as more stable investments than technology or advertising companies. Being a conglomerate also makes it much easier for Google to continue growing its business through acquisitions and spinoffs.
Alphabet  Inc.  Google  Inc.  Google  Wall  Street  shareholder  value  profit  maximisation  short-term  thinking  short-term  view  conglomerate  business  strategy  Organizational  behavior  corporate  culture  corporate  strategy  Don't  be  evil  HR  human  resources  hiring 
august 2015 by asterisk2a
BaFin: Lebensversicherer kämpfen mit Kapitalregeln - SPIEGEL ONLINE
Die Lebensversicherungen leiden unter den niedrigen Zinsen in der Eurozone. Deshalb fällt es vielen Konzernen laut Finanzaufsicht BaFin schwer, ihre Kapitalanlagen an die neuen Regeln anzupassen - es gebe noch einige "Wackelkandidaten".
ZIRP  NIRP  QE  unintended  consequences  hunt  for  yield  asset  bubble  speculative  bubbles  speculative  speculation  behavioral  finance  group  behavior  behavioral  economics  Taper  monetary  policy  Fed  BOE  BOJ  ECB  liquidity  trap  economic  history 
july 2015 by asterisk2a
How politicians learned the power of the gentle nudge - BBC News
bit.ly/1JgNdB9 - The government’s behavioural insights team has won over sceptics in Whitehall and it is now ‘nudging’ behaviour across the world
Nudge  theory  HR  human  resources  Start-Up  lesson  Start-Up  advice  Policy  Makers  Public  Policy  health  health  health  care  budget  health  care  spending  book  influence  human  behavior  human  behaviour 
july 2015 by asterisk2a
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
july 2015 by asterisk2a
China's stockmarket crash: A red flag | The Economist
via bit.ly/1HgJT6x // "Yet China’s intervention has screamed of panic. [...] If economic stability is not in peril, why then the panic? The most compelling explanation is politics. The government has staked much credibility and prestige on the stockmarket. When the going was still good, the official press was chock-a-block with articles about how the rally reflected the economic reforms that Xi Jinping, China’s top leader, was set to push. Li Keqiang, the premier, said repeatedly that he wanted equity markets to provide a bigger share of corporate financing—comments, from punters' perspective, not unlike waving a red cape in front of a bull. The sudden end to the rally is the first major dent in the public standing of the Xi-Li team. The botched attempts to stabilise the market only make them look weaker, giving succour to their critics." &! bbc.in/1eFbi8h - 1929 margin trading (borrowing to buy shares) & leverage products &! bloom.bg/1RjIgg9
China  equity  bubble  2015  speculative  bubbles  speculative  speculation  property  bubble  Middle  Class  Politics  public  perception  economic  model  economic  damage  economic  history  Structural  Impediments  economic  growth  group  behavior  behavioral  economics  behavioral  finance  asset  bubble  margin  trading  leverage  margin  debt 
july 2015 by asterisk2a
Yahoo’s layoff train continues, arriving in Santa Monica today | PandoDaily
Since the earliest days of Mayor’s tenure at the head of Yahoo, tech industry insiders and Wall Street alike have pushed for her to do a massive bloodletting of Yahoo’s arguably bloated organization. Netscape founder and Facebook board member Marc Andreessen* suggested that as many as 10,000 people needed to be let go. After more than two years in the role, this reorganization by 1,000 paper cuts isn’t quite the decisive action that many initially hoped for. But anything that represents focus and an emphasis on lean operations should be met with applause at this point. But now that Yahoo no longer has the benefit of its Alibaba holdings to bouy its stock price, Mayer is under pressure to cut costs and deliver meaningful growth. Counterintuitive as it may seem, a leaner organization, and the focus it brings, might actually help on both fronts.
Yahoo!  Marissa  Mayer  organizational  behavior  Wall  Street 
march 2015 by asterisk2a
Aaron Levie | Box | USC 2014 Alumni Entrepreneur of the Year - YouTube
min 36 - being a CEO. fill your weaknesses with confidants. self-awareness. << make your company successful. recruit the people that are great at x domain. make sure things are cohesive (mission, vision << product strategy) and execute execute execute!!! Still, operate Start-up like, have the structure, ... see Spotify ( https://labs.spotify.com/2014/03/27/spotify-engineering-culture-part-1/ &! tcrn.ch/1eJXzM2 ) &! Buffer " In 2015 we switched to a new organizational structure inspired by Frederic Laloux's Reinventing Organizations. This new structure eliminated the need for managers, bosses and formal hierarchy." &! &! min52 execution, always on, constantly (re-)calibrate, do the smartest things with your time (limited resources) &! (RoL) Return on Luck, exploit your luck & presented opportunity. exploit & maximise = execution. Uber wasn't the first! &! 1:05:00 spend money on contractors that do one off stuff that you are not able to do at a certain quality
Box  Aaron  Levie  scaling  management  people  management  product  management  project  management  Leadership  CEO  organisational  behaviour  organizational  behavior  HR  human  resources  learning  curve  growth  mindset  execution  decision  making  team  management  business  management  Start-Up  lesson  Start-Up  advice 
march 2015 by asterisk2a
On the Origin of Celebrity - Issue 5: Fame - Nautilus
"Why the obsession? Because we’re primates with vested interests in tracking social hierarchies and patterns of social affiliation. And celebrities provide our primate minds with stimulating gyrations of hierarchy and affiliation (who is sleeping with, feuding with, out-earning whom). [...] Why is rank so important to a baboon? For one thing, a stable dominance system is a huge social convenience—it insures bloody teeth and claws don’t reign each time a potential conflict arises." - via https://news.ycombinator.com/item?id=8614040 &!&! http://nautil.us/issue/5/fame/homo-narrativus-and-the-trouble-with-fame "We think that fame is deserved. We are wrong. [...] These two traits—our compulsion to tell stories, and our bias towards the individual—conspire to ruin our intuitive understanding of fame. [...] There is no such thing as fate, only the story of fate." << via https://news.ycombinator.com/item?id=8624002
Celebrity  of  You  celeb  culture  fame  culture  Gossip  culture  status  symbol  socioeconomic  status  social  status  status  anxiety  sociology  psychology  evolution  group  behavior  behaviour  Power  Play  abuse  of  n00d  Trading  Ring  Celebgate  Media  Tabloid  Glossy  Magazine  Facebook  Twitter  storytelling  social  imitation  trend  trends  Network  social  science  social  study  social  society 
november 2014 by asterisk2a
Teamwork: Warum Teamarbeit blind und faul macht - SPIEGEL ONLINE
Ein Zeichen für den Teamwahn ist der anhaltende Vormarsch des Großraumbüros. Hier wird auf Zuruf geteamt. Dabei sind die Nachteile erdrückend. Selbst Mitarbeiter, die stetes Bienenstocksummen ganz gut vertragen, fühlen sich bei kreativen Aufgaben gestört. Je zurückhaltender jemand veranlagt ist, desto schlechter kann er dort arbeiten, geschweige denn Geistesblitze schleudern. Und in Großraumbüros, das hat eine Forschergruppe der Universität Stockholm herausgefunden, melden sich Mitarbeiter häufiger krank. [...] führe Groupthink dazu, dass sich Gruppen unverwundbar fühlen und glauben, ihre Sichtweise sei auch unter ethischen Gesichtspunkten die einzig richtige. [...] Niemand sei mehr bereit, persönlich Verantwortung zu übernehmen, man verstecke sich lieber in der Gruppe. [...] Advocatus Diaboli [...] Betriebsblindheit
workplace  work  environment  knowledge  worker  Mobile  Creative  Mobile  Creatives  creativity  HR  human  resources  team  management  people  management  management  eureka  Start-Up  lesson  Start-Up  advice  productivity  distraction  introvert  Groupthink  group  behavior  behaviour  sociology  peer  pressure  psychology  Betriebsblindheit  Brainstorming  Susan  Cain.  book 
october 2014 by asterisk2a
BBC News - Rockefellers to switch investments to 'clean energy'
The Rockefeller Brothers Fund is joining a coalition of philanthropists pledging to rid themselves of more than $50 bn (£31 bn) in fossil fuel assets. The announcement will be made on Monday, a day before the UN climate change summit opens on Tuesday. Some 650 individuals and 180 institutions have joined the coalition. It is part of a growing global initiative called Global Divest-Invest, which began on university campuses several years ago, the New York Times reports. Pledges from pension funds, religious groups and big universities have reportedly doubled since the start of 2014.
Wall  Street  climate  change  global  warming  renewable  energy  green  energy  investment  society  culture  behaviour  group  behavior  behaviour  ethical  machine  fossil  fuel  asset  allocation  investment  management  Super  Rich  1% 
september 2014 by asterisk2a
BBC Radio 4 - Front Row, Binge TV Special
Q: Is binge watching and binge drinking a symptom of a greater all encompassing disease of civilisation, of our generation? a side effect, a symptom of our environment we live in!? is this behaviour more than just simply escapism? >> https://www.google.co.uk/search?q=the+rise+of+escapism
binge  watching  binge  experience  shared  experience  Millennials  generationy  Philosophy  economics  behavioral  economics  group  behavior  behaviour  economic  history  life  hacker  lifestyle  western  lifestyle  western  society  social  society  social  science  social  study  capitalism  status  symbol  socialsystem  living  environment  environment  escapism  escapism  behavior  escapism  behaviour  rise  of  escapism  binge  drinking  binge  behavior  binge  behaviour 
may 2014 by asterisk2a
Exercise Versus Calories on Menu Lists - NYTimes.com
In a recent study, diners who ordered from restaurant menus that listed the amount of brisk walking required to work off each dish were less likely to overeat than those with menus that listed calories or no health information. “We found that the menu with the exercise labels lead to significant reductions in calories ordered and consumed,”
behaviour  incentive  public  health  policy  accountability  decision  making  behavioral  economics  Junk  Food  health  crisis  transparency  vegan  Behavior  industry  health  science  public  health 
april 2013 by asterisk2a
RSA Animate - Drive: The surprising truth about what motivates us - YouTube
This lively RSA Animate, adapted from Dan Pink's talk at the RSA, illustrates the hidden truths behind what really motivates us at home and in the workplace.

- reward schemes for cognitive tasks do not work.
- mechanical task, reward schemes for performance do work

Thus,
>> pay people enough, to take the issue of money off the table and people think about the work.
Then 3 Factors determine performance and satisfaction:
- autonomy (self-direction), mastery (of skill), purpose (contribution to something that matters and or is greater than you).
management  workforce  work  life  balance  self-improvement  corporate  culture  corporate  governance  lifehacker  lifehacks  lifelesson  purpose  mastery  autonomy  autono  sociology  incentive  Behavior  behavioral  finance  behavioral  economics  Fed  cognitive  funtion  psychology  motivation 
december 2012 by asterisk2a
Pay it Forward: Gier führt zu noch mehr Gier - SPIEGEL ONLINE
Tatsächlich verhalten sich Menschen, die gerade Opfer der Gier eines Unbekannten geworden sind, anschließend ebenfalls unfair oder gierig. Wer dagegen großzügig bedacht wurde, ist danach nur ein kleines bisschen freigiebiger. Es zeigt sich aber auch: Wer zumindest fair behandelt wurde, ist danach auch selbst meist fair.
society  group  behavior  behaviour  fairness  psychology  greed 
december 2012 by asterisk2a
Get Up. Get Out. Don't Sit. - NYTimes.com
The research, published in separate medical journals this month, adds to a growing scientific consensus that the more time someone spends sitting, especially in front of the television, the shorter and less robust his or her life may be.

[...] And the findings were sobering: Every single hour of television watched after the age of 25 reduces the viewer’s life expectancy by 21.8 minutes.

By comparison, smoking a single cigarette reduces life expectancy by about 11 minutes, the authors said.

[...] the authors point out, even for people who exercise regularly. It appears, Dr. Veerman says, that “a person who does a lot of exercise but watches six hours of TV” every night “might have a similar mortality risk as someone who does not exercise and watches no TV.”

[...]

“The most striking feature of prolonged sitting is the absence of skeletal muscle contractions, particularly in the very large muscles of the lower limbs,”
obesity  epidemic  diabetes  Exercise  sedentary  behavior  health  health  science  smoking 
october 2012 by asterisk2a
How that polite fake laugh at a bad joke won't fool anyone | Mail Online
Their research has found people are ‘extremely good’ at distinguishing even the most realistic sounding fake giggles.
It found volunteers could almost always tell the difference between someone genuinely erupting into laughter and what the experts called ‘social laughter’.

Read more: http://www.dailymail.co.uk/news/article-2167973/How-polite-fake-laugh-bad-joke-wont-fool-anyone.html#ixzz1zbkKi9dO
laughing  laugh  Group  behaviour  behavior  culture  socialising 
july 2012 by asterisk2a
BBC News - Phone data shows romance 'driven by women'
"It's the first really strong evidence that romantic relationships are driven by women," he told BBC News.

"It's they who make the decision and once they have made their mind up, they just go for the poor bloke until he keels over and gives in!"

The researchers say that a woman's social world is intensely focussed on one individual and will shift as a result of reproductive interests from being the mate to children and grandchildren.

They found that men tend to choose a woman the same age as themselves - which the researchers presumed to be their girlfriend or wife - as a best friend much later in life than women do, and for a much shorter time. This occurs when they are in their early-30s, possibly during courtship, and stops after seven years or so.

Women, however, choose a man of a similar age to be their best friend from the age of 20. He remains for about 15 years, after which time he's replaced by a daughter.
relationship  romance  relationships  anthropology  sociology  Behavior  gender  gender  asymmetry 
april 2012 by asterisk2a
The Challenge of Going Vegan - NYTimes.com
Giving up favorite foods is never easy, food scientists say, for it means overriding taste preferences imprinted on the brain during a lifetime of eating. “In most American adults, meat intake has been associated since childhood with pleasurable nutritional effects,” said France Bellisle, an eating behavior researcher in Paris. “Liking for meats has been learned and reinforced over years. Any substitute would have to mimic the total sensory experience elicited by meats.

“It always takes more motivation to change any type of behavior than to go on with old habits,” she added.
culture  society  Food  Industry  Behavior  vegan 
april 2012 by asterisk2a
The Downside of Cohabiting Before Marriage - NYTimes.com
Couples who cohabit before marriage (and especially before an engagement or an otherwise clear commitment) tend to be less satisfied with their marriages — and more likely to divorce — than couples who do not. These negative outcomes are called the cohabitation effect.

The majority of young adults in their 20s will live with a romantic partner at least once, and more than half of all marriages will be preceded by cohabitation. This shift has been attributed to the sexual revolution and the availability of birth control, and in our current economy, sharing the bills makes cohabiting appealing. But when you talk to people in their 20s, you also hear about something else: cohabitation as prophylaxis.

ie You would only marry someone if he or she agreed to live together with you first, so that you could find out whether you really get along.

But that belief is contradicted by experience.
The "gradual slope" of relationships makes the couple bypass talking about why & what is happening
love  convenience  lifelessons  change  Behavior  behavioral  economics  culture  psychology  gender  asymmetry  single  gender  study  advice  relationship  marriage  relationships 
april 2012 by asterisk2a
Explaining America's macro puzzles: The worst of all worlds | The Economist
[Americas economy] it is starting to look more like some left arms have gone missing.

What if we have next to the out-put gap also a slowdown in potential growth - that has to be factored in, due to forces of Globalization.

The path of potential output commonly downshifts after crises, as all economic participants are humans and have emotions and psychological, economic behavior - these (very likely change) due to recent trauma. Resulting in risk aversion.

Leading to the following conclusion; "I still find the demand-side explanations for the depressed state of the economy more convincing ..."
microeconomics  macroeconomics  economic-thought  psychology  Behavior  behavioral  finance  output-gap  globalisation  globalization  productivity  unemployment  greatrecession  GFC  2012  economy  economics  USA 
march 2012 by asterisk2a
Column: Why you don't really have free will – USATODAY.com
Our brains are simply meat computers that, programmed by our genes and experiences to convert an array of inputs into a predetermined output. Recent experiments involving brain scans show that when a subject "decides" to push a button on the left or right side of a computer, the choice can be predicted by brain activity at least seven seconds before the subject is consciously aware of having made it. "Decisions" made like that aren't conscious ones. And if our choices are unconscious, with some determined well before the moment we think we've made them, then we don't have free will in any meaningful sense.
- evolution, survival of the fittest
- products of natural selection, perhaps because our ancestors wouldn't thrive in small, harmonious groups — the conditions under which we evolved — if they didn't feel responsible for their actions.
Sociological studies show that if people's belief in free will is undermined, they perform fewer prosocial behaviors and more antisocial behavior
Behavior  sociology  evolution  research  science  neuroscience  unconscious  conscious  decision  decision  making  mind  neurobiology  choice  free  will  psychology  philosophy 
january 2012 by asterisk2a
About Half Of U.S. Mortgages Seen Underwater By 2011 - NYTimes.com
The drop in home prices is fueling a vicious cycle of foreclosures as it eliminates homeowner equity and gives borrowers an incentive to walk away from their mortgages. The more severe the negative equity, the more likely are defaults, since many borrowers believe prices will not recover enough.
mortage  housemarket  prime  subprime  economics  behaviour  behavior  cycle  foreclosure 
august 2009 by asterisk2a
Markets Hit Their Highest Levels Since Autumn - NYTimes.com
Wall Street was so bullish on Friday that it could have passed for Pamplona.
“The recession is dead,” Dean Maki, an economist at Barclays Capital, declared in a research note. “Long live the recovery.”
.
“No one really knows what kind of expansion we’ll have,” said Stu Schweitzer, global markets strategist at JPMorgan Private Bank. “One thing is clear: having cut costs to the bone, any increase in revenue should drop straight through to the bottom line of corporate America.”
.
“The behavior of the consumer is now the key thing to watch,”
recession  stockmarket  2009  dowjones  s&p500  bottom  AIG  unemployment  recovery  consumer  spending  behavior  behaviour 
august 2009 by asterisk2a
Unilever warns of a tough five years ahead - Telegraph
Unilever's chief executive warned branded-goods makers will have to work harder to get consumers to pay for their products rather than choose supermarket own-label for at least the next five years, as the recession makes shoppers reassess spending patterns.
patterns  behaviour  behavior  recession  spending 
august 2009 by asterisk2a
Seeking Self-Reliance, Americans Raise Own Chickens - NYTimes.com
But for many others, a deep current of economic distress underlies the chicken boomlet, as people seek ways to fend for themselves in tough times. Even if spreadsheets can demonstrate that raising chickens at home is not cost-effective, it may instill an invaluable sense of self-reliance.
“You can buy eggs in the grocery store cheaper than you can raise them,” said David D. Frame, a poultry specialist who works with the Utah State University Extension. “You’re not saving money by doing it.”
economics  recession  human  behavior  behaviour  agriculture  chickens  farming  economy  food  economic  indicator  index 
august 2009 by asterisk2a
Top Ten Unconventional Indicators Of The Recession
In a scramble to track the economy's health, economists and financiers aren't just looking at traditional leading economic indicators -- many are also keeping a close eye on more quirky tell-tale signs. During his time as chairman of the U.S. Federal Reserve, Alan Greenspan famously looked toward male underwear sales, reasoning that sales for such a basic necessity would remain relatively flat unless people began to seriously count their pennies.

Other widespread -- if somewhat unscientific -- indicators of a recession include sales for movie tickets, neckties, lipstick and a host of trends that reflect how much time people are spending at home instead of out at a bar or restaurant. The top ten unconventional economic indicators in the slideshow below all point toward a deepening recession, but keep your eye on them for signs of better times.
economic  indicators  index  recession  research  crisis  human  behaviour  behavior 
august 2009 by asterisk2a
Goldman employees told no big purchases: report | U.S. | Reuters
Rolling Stone magazine
goldmansachs recession creditcrunch brand brands branding behavior
goldmansachs  recession  creditcrunch  brand  brands  branding  behavior  behaviour  compensation  bonuses 
august 2009 by asterisk2a

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