Conspicuous spending is defined as the purchase of goods and services primarily for showcasing one’s status and economic wealth to society. It is a display of power.
Category: RIP
Stock Report: Walmart
See my two-page equity investment memo on Walmart (WMT).
A Radical Approach to Tackling Climate Change? – Building Model Citizens
Climate change has finally become trendy.
Research Paper: China’s Social Credit System
China is making Big Brother come to life. Read my report on ‘China’s Social Credit System: Combining Modern Technology with Country Governance’
Economics of Macau, Gambling, and Capital Flight
Formerly a Portuguese colony, Macau is now one of the richest regions in the world.