Savings are going away. A few days ago, regular readers were sent a note on income and outlays from the Bureau of Economic Analysis which includes data on the savings rate. In the note, Atlas highlighted the dismal rate of savings (currently 3.1 percent). It is understandable that households are less able to stash cash when inflation is rising while markets crash. But ou
Software runs our world. Whatever apparatus you’re reading this note on has programs and operating systems which allow you to receive and delete (hopefully not too quickly) this note. Some of the code runs in the background doing things I’ll never understand, but other parts of it create feature or functionality designed to be useful to us as users. Occasionally, a
Everyone knows many pizzas are circular. But did you know an economy can be as well? By one definition, participation in the circular economy means designing products for durability, reuse, remanufacturing, and/or recycling. Implied in the reuse portion of the definition is purchasing used goods, like clothes. Why might this be of interest to you? One word: cotton.
Any casual observer knows inflation is rising. Gas prices are frustrating Americans during the summer travel season. Airlines aren’t helping much. Seat restrictions are limiting supply while demand is growing as more and more folks venture away from home, still scarred by the previous couple of years being tethered to one’s abode.
When I was his age, preparing for marriage filled a lot of my time. Harry Styles, however, is on a much different trajectory than I was then. His musical career started in 2010 when he showed up on the British music competition series The X Factor. Eventually, he was teamed up with One Direction, one of the best-selling boy bands in history.
“Slap” seems to be an early contender for 2022’s theme of the year. Even the most casual reader of news knows of the slap heard around the world at this year’s Academy Awards. Atlas doesn’t condone violence, but one must acknowledge it left one of the most impressive comedians in the modern era relatively speechless. A consummate professional, Chr