The Varian Law (economics for consumers)

Posted on November 15, 2016 by odeboyz

The Varian Law says that you can forecast the future by looking at what the rich have today — that is, that what affluent people will want in the future is, in general, something like what only the truly rich can afford right now.

Paul Krugman* The New York Times 10th April 2015

*He has a Nobel Prize for economics

Chris

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