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The Good Life and Virtue, Practical Wisdom and Eudaimonia : Declining Sales for High-End Goods Last Year : Happiness on Less : Keep it Simple

By Andis Kaulins

Are you caught up in the vicious cycle of ownership? Are you working around the clock to pay for what you have or think you want?

Due to the financial recession, sales of high-end goods -- except in China -- have declined in the past year. What does that mean?

What do we really need?

Albert Einstein is said to have used only one kind of soap, even for shaving, as he found multiple soaps for various uses "too complicated".

A sign of the times is found at the New York Times as Stephanie Rosenbloom reports on Consumers Find Ways to Spend Less and Find Happiness.

Part of the secret is to keep things simple.

But what about that taste for luxury?

Perhaps an Aristotelian doctrine of temperance is best:

See Virtue, practical wisdom and Eudaimonia.

Full post as published by LawPundit on August 11, 2010 (boomark / email).