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- Valentine Economics
- Posted 3 months ago
The Price of Love - A Valentine鈥檚 Day Look at the Cost of Romance
With Valentine鈥檚 Day approaching, it's intriguing to explore the economics of love鈥攈ow much we spend, why we do it, and whether it鈥檚 worth the investment. Romance, like any market, operates on supply, demand and consumer behaviour with prices fluctuating based on cultural expectations and economic conditions. Valentine鈥檚 Day traces its origins to ancient Rome, where the festival of Lupercalia on Feb 13-15 celebrated fertility and matchmaking. Later, it was linked to Saint Valentine, a priest who secretly performed marriages against Emperor Claudius II鈥檚 orders and was executed on February 14, 269 AD. By the 14th century, poets like Geoffrey Chaucer romanticised the day, associating it with courtship. By the 19th century, mass-produced Valentine鈥檚 cards became popular, evolving into today鈥檚 global celebration of love, marked by gifts, flowers, and heartfelt gestures1.
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- Blog Post
- Posted 7 years ago
Is The World Cup Really Worth Hosting?
With the world cup now over a week old, we have reached the moment when even those initially reluctant, those who decried it at its outset, give in to football frenzy and find themselves, at least twice a week, standing amid a crowd of similarly dressed strangers, screaming at 11 little men on a screen they can barely see. It is wholly inevitable, and few would disagree, thoroughly enjoyable.