2 responses

  1. Dennis
    April 23, 2010

    If the information I found on inflation (going back to 1913, unfortunately) is close, that should more than $12k. Can that be right?


  2. Jocelyn
    August 19, 2010

    The comments about “simple” garments – and especially the comment in the fourth column about the barely-perceptible difference between a costly garment and its imitation reminded me of this recent study noting that well-off consumers preferred “discreet markers, such as distinctive design or detailing,” than obvious brand logos: http://www.brandchannel.com/home/post/2010/07/26/Luxury-Logos-Fall-Out-of-Fashion.aspx The study was also reported on by the NYT, by the way, but I can’t find it at the moment.

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