American Consumers Newsletter

It’s the Internet, Stupid!

Twenty years ago, when I was the editor of American Demographics magazine, we published an article entitled “The Fifth Medium,” the purpose of which was to describe and name the Big Thing that was about to happen. Everyone who...

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Meet the American Homeowner

He’s over there, crouched in the corner, hoping to ride out the storm of bad news about the housing market. According to the National Association of Realtors, sales of existing single-family homes fell in July to a level not seen since the...

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Is This the Big One?

They call it “econophysics,” a new way to understand economic change. Its practitioners seek to go beyond earthquake metaphors and harness the science of seismology to understand gyrations in financial...

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Shark Attack

A few weeks ago, one of the mechanical sharks from the 1975 blockbuster movie Jaws was discovered in a junkyard in Los Angeles–a sorry end to a fearsome beast. In movies, beasts are dispatched in a matter of hours. In real life, not so...

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The Tea in Television

The latest time use statistics might reveal the fuel of the Tea Party fire: the growing television addiction among older men. No one watches more TV than men aged 65 or...

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Cliff Diving and Curb Jumping

Take a look at any economic indicator lately, and you’re likely to swoon as the trend line veers into a vertical plunge. This is called cliff diving. It is a common sport in economics, but rare in demographics. Demographic change is slow...

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