¶ … Irrational consumption: more is more 'More is more.' Consumers tend to associate 'more' -- as in more volume, larger amounts of a product, and even simply bigger products -- with greater value. Companies have capitalized upon this by using super-sized portions to convey a sense of value, or even charging consumers for the privilege of buying in bulk from so-called 'big box' stores. To encourage sales, companies may keep their packaging the same size while shrinking the actual amount of food within the boxes.
The perception of 'more' being good is particularly manifest in the irrational consumption patterns exhibited by consumers who eat fast food. Fast food is attractive because it offers predictable food, quickly, at an apparently bargain price for its volume. Fast food restaurants emphasize their cheapness by having 'dollar menus' and creating the perception of value. But this 'value' hides many hidden facts, including the cost of eating an unhealthy diet. These super-sized portions are carbohydrate-dense and sugary. For the company to increase the volume of French fries and sugary water is pocket change, but consumers see this as 'value' despite the fact that it is devoid of nutritional content.
Even the illusion of maximized 'speed' is actually often not really the case with fast food consumption. Long drive-through lines in addition to the time devoted to getting to the fast food establishment may mean that it would actually have been less time- consuming to shop at the beginning of the week and to prepare food to eat at home. People often say that they have no time to cook...
As banks faltered and default rates rose, rates of consumption and demand plummeted. Unemployment began to increase, and in a predictable Keynesian fashion, as individuals grew more insecure about their job prospects they began to spend less money. The United States has a particularly consumer-driven economy -- Americans are known for having historically low rates of savings and to engage in high rates of spending -- so this was
Surviving the Irrational World: the "Fight or Flight" Instinct in Angela's Ashes and Catch-22 Both Angela's Ashes by Frank McCourt and Catch-22 by Joseph Heller are novels set during the time of WWII. Both authors use satire to examine a world that has abandoned the rule of law and now faces life in what might be called "survival mode." Indeed, if one theme may be said to unite the two
Individuals have become estranged from their true nature and their true self, which is contradictory to the getting and spending. The tone is pessimistic and somber, with the poet implying that this is not a trend that can be reversed at any time in the future. This is true for the 21st century: mankind has undertaken a road that does not promise its potential return to nature or to the
Offshore Wind Energy Wind Energy (Facts and Features, Usage, Future Prospects, Strengths and Weaknesses, Recommendations) It is an undeniable fact that human activity needs energy as a basic requirement. Energy input is a fundamental need for transportation, water and food provision and mobility services. In the contemporary energy system, non-renewable fossil fuels are the principal resources that satisfy the global energy needs. They are preferred due to their dependability and low-cost. On the
Keynesian Theory Neoclassical economists are naturally more reluctant than Keynesians to concede that capitalism as a system might be dysfunctional or that markets might be irrational and inefficient, leading to cycles of boom and bust, mass poverty and unemployment, which happened in the 1930s and is happening again today. One of the main assumptions in the classical model is 'full employed equilibrium' or in other words 'absence of involuntary unemployment.' The
The 1980s (the period when Ronald Reagan was the U.S. President) witnessed a series of government measures targeting environmental regulations. This resulted in public outrage against the anti-environmental policies of the government leading to a renewed interest in nature clubs and groups and the formation of radical groups who led strong movements to protect the environment. (vii) the post- Reagan resurgence (1990s onwards) - President Bush and President Clinton
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