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Can a National Quasi-Religion (Pro Sports) Go Broke?
Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option. Please understand I’m not suggesting professional sports isn’t...
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Image may be NSFW.
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We Just Enjoyed the Last Christmas in America
The end of rising wages = the end of mass affluence: we just enjoyed the Last Christmas in America (TLCIA). As unemployment topped 10%, the January 1975 cover of Ramparts magazine blared: The End of...
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