You have arrived at the web home of Noah Brier. This is mostly an archive of over a decade of blogging and other writing. You can read more about me or get in touch. If you want more recent writing of mine, most of that is at my BrXnd marketing x AI newsletter and Why Is This Interesting?, a daily email for the intellectually omnivorous.

July, 2009

Why Old People Think Young People are Spoiled

There is a great series of posts over at A (Budding) Sociologist's Commonplace Book that attempts to answer the question of why older folks think everyone younger than themselves is spoiled (part 2). The author, a PhD student and blogger at The Panhandler's Guide breaks it down into four economic reasons: Inflation ($900 in 1974 is worth $3,892 today), substitution (kids today buy phones, but they also don't buy records), diffusion (as a technology becomes more mass the inflation-adjusted price declines) and increasing standards ("Increasing standards mean that the utility of many goods and services is constantly decreasing").
July 1, 2009
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