kottke.org

...is a weblog about the liberal arts 2.0 edited by Jason Kottke since March 1998 (archives). You can read about me and kottke.org here. If you've got questions, concerns, or interesting links, send them along.

Things that go up in a down economy

Marginal Revolution has been posting an ongoing series of posts on countercyclical assets: things are doing well even though the economy as a whole is struggling. The latest example is that shoe repair shops are doing a booming business. One Florida cobbler's repair volume is up 50%.

Some other examples are increasing activity on Second Life, cocoa futures, unusual pets, gold coins and wine, evangelical churches, tasers, high end prostitutes, beer, and household safes. Sounds like a hell of a party.

My own countercyclical hunch is that Internet use will rise dramatically over the year because a) it has become something that people need (even more than TV...you'll see people scaling back on cable before they send back their cable modem) and b) spending more time using it doesn't cost extra. Plus, unemployment = lots of time to spend online screwing around "updating your resume".

By Jason Kottke    Feb 3, 2009 at 01:28 pm    2008 recession   economics   marginalrevolution

kottke.org, quickly...

The best way to get a sense of what kottke.org is all about is to head to the front page or check out some random entries from the archives. Follow kottke.org via RSS or Twitter.

Want to share your something special with kottke.org's readers? Sponsor the RSS feed for a week!

Looking for work?

See more on the Job Board.

Recommended sites

David Archer    Matthew Paul Thomas    Rebecky    greg.org    jimr(ay)    evhead    panopticist    strange maps    Nivi    Type for you.    Airbag    Ikeepadiary    The Pop!Tech Blog    Eater    tremble.com    Frumination    Personism    NYT Science    Idle Words    The Laboratorium