Word: recessional
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Rolls-Royces are typically leviathan in size and synonymous with ostentatious wealth. But the company's new Ghost model will be much more modest. A prototype of the four-door sedan that has been making the rounds at auto shows this summer is shorter and sleeker than the company's...
Focusing on the symbolic power of money, the study's authors, Xinyue Zhou of Sun Yat-Sen University, Kathleen Vohs of the University of Minnesota and Roy Baumeister of Florida State University, started with a simple hypothesis: reminders of money can alter how people experience social interactions - especially social acceptance...
So what does any of this mean for people in the real world - especially in this down-and-out economy? One implication, not entirely surprising, is that a job loss may pose an additional challenge. A layoff is a kind of rejection, and that could increase a person's desire...
Conservative supporters hail the law as a reformist boost for France's recession-stalled economy. But detractors on both the left and right just as energetically decry it as a vulgar consumerist assault on tradition, families and even French democracy. "We've got better things to propose to our fellow...
As recession hits Russia's wealthy, the shiny boutiques along Sloane Street may be a little quieter. But the bonanza at London's courts and law firms looks set to continue.