In a recent Bloomberg TV interview, Mark Cuban said that “if you want to sell to millennials, you better have a social component”, emphasizing the difference between Gen X and Gen Y and the new role of social entrepreneurship in the market. This was a quick
Flynn Coleman is the founder of Malena, a social enterprise that aims to integrate artisans in small communities with the global market, a key component of providing better opportunities for them and, in many cases, escaping poverty. She is no stranger to the debate on
Have you ever wondered how much money the world spends on fashion?
Externalities An externality is the (possitive or negative) effect of a given activity caused on a third party that did not participate directly in such activity. Common negative externalities include air pollution on a community produced by a manufacturing company and noise from construction work that affects the nearby
In this series, we will explore some basic concepts of Economics translated to the world of fashion: The opportunity cost In Economics, the cost of a good is measured not only by the price but by what you give up in order to consume or buy that good.