October 21, 2014
MarkBernstein.org
 

Hard Times

We’ve received two indignant letters from educators whose old copies of Tinderbox require upgrades to work with OS X Yosemite. Why do they have to pay for upgrades?

I suspect this is a much more significant leading economic indicator than the declining stock market: educated people with exceptionally secure and good jobs in cosmopolitan cities are willing to damage long-standing relationships to save less than $100.

Some day we’ll look back on this and it will all seem funny.

Hard Times