This is an interesting TED video describing the new trends in consumerism and why we shouldn't expect a return to the conspicuous consumption of the past two decades. Of course, it is my hope as a student of Austrian economics that the American people recognize long term that saving and investment is more important than consumption (not only because it is, but I'd also love to see the Keynesian "deficits don't matter" pablum done away with forever). This is a pretty fascinating take on the power of the post-crisis consumer.
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