Ahead of the Curve

Referenced Article: Debt to Pleasure
Source: The Economist Magazine

This article bears a profound message on how the increased knowledge of choice architecture could turn traditional economic models upside down.

I believe this is a big part of why I enjoy working in the luxury industry. We design choice frameworks that can seem counterintuitive to traditional economists.

I think the current economic definition of luxury goods (see example here) discounts much of the psychological and anthropological cushions we rely on to make purchase decisions.

This is such an exciting field and will reap huge benefits for both the public and private sectors.

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About Edmund Amoye

Synonyms: Connector; Lateral Leader; Luxury Brand Guardian; Team Player; Problem Solver; Entrepreneur; Profit Generator; Strategist; Value Creator; Thinker & Doer. Skills: Bus. Dev./Intelligence/Strategy; Equity Research; Financial Analysis; CRM; Revenue Generation; Sales Training and Development; Entrepreneurship; Marketing Research & Strategy; Public Speaking & Presentations; Social Media Differentiators: "Seeing Around Corners"; "Comfort with Ambiguity"; "Calm Under Pressure"; "Connector"

One response to “Ahead of the Curve”

  1. Edmund Amoye says :

    Thanks to A.M. and EL for the likes. Please visit their blogs sometime.

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