Alex Massie

Countercyclical Assets

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One of my favourite features at Marginal Revolution is Tyler Cowen and Alex Tabarrok's occasional look at countercyclical assets - ie, products and economic sectors that are doing quite nicely at the moment. They include:

Safes, Atlas Shrugged, the Mafia, Economic Disaster Tours, Tinned Soup, Matchmakers, Prayer, Second Life's economy, Cobblers, Tasers and Alpacas.

So there's the future: Self-sufficient, heavily-armed Randian Alpaca farmers holding out against the Mafia with only the consolation of prayer and the escapism of online fantasies to sustain them as the "real" world collapses and man returns to a Mad Maxian, elemental state of being. Hold on tight folks, it's going to be one hell of a ride...

Written byAlex Massie

Alex Massie is Scotland Editor of The Spectator. He also writes a column for The Times and is a regular contributor to the Scottish Daily Mail, The Scotsman and other publications.

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