Author Archives: John Thomas

Shrinkflation is a new term in Retail Economics

Is it just me, or are the peaks on my bar of Toblerone chocolate growing conspicuously less numerous? Wait, hold on. I’m pretty sure that roll of Charmin toilet paper used to have 500 single-ply sheets. Now it has only 451. What’s going on here? This is known in the world of retail economics as “Shrinkflation.” No, you are not ...

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How Living Longer and Saving Less will affect your Retirement

Retiring in America today is much different than that of several decades ago. No longer is the retirement scenario dominated by the fixation with accepting the gold watch at 65 years of age for a lifetime of service. Many choose not to retire at all, or find themselves wanting to work a second job in a different career, as the ...

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Dem Presidential Candidate De Blasio Proposes Socialist Workers Bill of Rights

NYC Mayor and democratic presidential candidate Bill De Blasio must be spending his downtime incorporating the Engels manifesto into his political propaganda. This outright communist, who by the way was born Warren Wilhelm, Jr (Austria-Hungary heritage?) couldn’t have paraphrased private property in the Manifesto any better. Let me allow you to look at Marx and Engels’ take on private property ...

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Mnuchin versus Bezos in the Heavyweight Retail Bout

The Amazon honeymoon was long and profitable for small retailers for the past decade or so. A supply chain opened up like never seen before, allowing mom and pop to secure, sell, and capitalize on the largest retail platform in the history of the world. This, of course, is why Amazon founder Jeff Bezos is also the richest person in ...

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The Asian Trade Wars that will affect High Tech and the World

It is hard to get a tweet in between President Trump and his infinite trade war rhetoric with Europe over cars and airplanes, with foreign producers of steel, and with China over just about everybody else. However, brewing beneath the surface in Asia is a terse confrontation between Japan and South Korea, adversaries of centuries past. If you don’t think ...

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How Business can survive the $15 Minimum Wage Hike

On Thursday, the U.S. House of Representatives voted to pass legislation that would raise the federal minimum wage from $7.25 to $15 over the next six years. These are the progressive plans that have the youth of America believing that working in a coffee shop is a career, and not a means to an end. Malcolm X said it well ...

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An Insider’s look into the College Admissions Fiasco

As I was perusing the Penn for Parents newsletter yesterday, I was amazed to find an article that had some substance, and wasn’t pushing the usual diversity and multicultural nonsense. Eric Furda, Dean of Admissions at the University of Pennsylvania was reflecting on the current state of college admissions in light of the so-called Varsity Blues scandal that has involved ...

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