Valentine's Day Stimulus

It's a dismal view, but the main reason why we have Valentine's Day is to stimulate commerce. However, it's not obvious that a day created to stimulate commerce really stimulates.

Think about how Valentine's day encourages you to think differently about buying for that special someone. If I want to buy her a necklace, maybe I'll wait until February 14. If I want to take her to her favorite restaurant, maybe I'll wait until February 14. Seen in this light, we cannot say the Valentine's Day "stimulus" is $16 billion because those necklaces and dinners would have been bought, anyway. Valentine's didn't create economic activity, it just concentrated it. If this is starting to sound familiar, it's only because Washington has been using stimulus policy to create it own little Valentine's Days for the economy in the last two years.

Big Think Edge
  • The meaning of the word 'confidence' seems obvious. But it's not the same as self-esteem.
  • Confidence isn't just a feeling on your inside. It comes from taking action in the world.
  • Join Big Think Edge today and learn how to achieve more confidence when and where it really matters.

To boost your self-esteem, write about chapters of your life

If you're lacking confidence and feel like you could benefit from an ego boost, try writing your life story.

Personal Growth

In truth, so much of what happens to us in life is random – we are pawns at the mercy of Lady Luck. To take ownership of our experiences and exert a feeling of control over our future, we tell stories about ourselves that weave meaning and continuity into our personal identity.

Keep reading Show less

Active ingredient in Roundup found in 95% of studied beers and wines

The controversial herbicide is everywhere, apparently.

(MsMaria/Shutterstock)
Surprising Science
  • U.S. PIRG tested 20 beers and wines, including organics, and found Roundup's active ingredient in almost all of them.
  • A jury on August 2018 awarded a non-Hodgkin's lymphoma victim $289 million in Roundup damages.
  • Bayer/Monsanto says Roundup is totally safe. Others disagree.
Keep reading Show less
Videos
  • Prejudice is typically perpetrated against 'the other', i.e. a group outside our own.
  • But ageism is prejudice against ourselves — at least, the people we will (hopefully!) become.
  • Different generations needs to cooperate now more than ever to solve global problems.