Wednesday, August 19, 2026
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Living smart in tough times

Even middle- to higher-income households demonstrate a willingness to trade down in groceries, personal care and everyday essentials.

An economist’s case for working longer

The most common worry is that keeping older workers on the job must crowd out the young. This is the famous lump-of-labour fallacy: the mistaken belief that an economy contains a fixed number of jobs, so one extra years from seniors automatically mean fewer openings for graduates.