Word: cheaping
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...their employees to a bare minimum; fashion retailers have prioritized price over style and quality, often using their outlet stores to hawk a completely different line of merchandise. Finally, what kind of bottomless plate of scampi do you really think 15 bucks can buy? In her new book, Cheap: The High Cost of Discount Culture, Shell argues that our never-ending pursuit of cheap has blighted our landscape, depressed working wages and (yes) contributed to the global financial meltdown. Shell talked to TIME about the problem with bargain goods, how to stop yourself from buying something you don't need...
...corner as consumers hoarded pots, soaps and Cuisinarts. "Your home is your place of comfort, the only thing you can count on," says Tina Genitti, 21, while carrying a featherbed, a pillow and body creams to the checkout line. "A few months ago, I would have gone for the cheap featherbed. But I spent the extra $5 here because it's time for a treat." (See sustainable home furnishings...
...then photograph your head and hand-draw a few sample designs based on your face shape and eyebrow line. The frames can be built from titanium, bloc acetate or buffalo horn, and colored to complement your skin and hair tones. This couture-design process doesn't come cheap: expect to pay an eye-watering $8,000. If that's too much, Davies also offers a customizing service through some 500 opticians across the world. For around $800, you'll be able to pick a pair of glasses from the existing TD collection and have them refitted and recolored to your...
...past 20 years weaving these garments, which come from the holy city of Varanasi. "The industry is facing lots of difficulties," he says. "This is primarily because the sale of fake Banarasi saris made in power looms has been picking up and also because of the sale of cheap imports from China. The government is not stopping this, and our trade is suffering...
...protection, which is not particularly strong in China. And the U.S. may still be a contender. Sputnik sparked an extraordinary American effort that culminated in Neil Armstrong's 1969 moon walk, which sealed the U.S.'s supremacy in space. Last month, Washington launched a $25 billion program to extend cheap loans to carmakers to help in reconfiguring their assembly lines for electric cars and other fuel-efficient vehicles...