$8.5 Billion Global Flower Trade, The Influencer Economy & Facebook 60 Minutes

The Crash of the $8.5 Billion Global Flower Trade

As people everywhere cancel events and big cut-flower orders, the ripples reach into Dutch auction halls and Kenyan rose fields.

The Influencer Economy Hurtles Toward Its First Recession

Faced with a pandemic on the one hand and slashed budgets on the other, some industry insiders say it’s time for influencing to evolve.

Connected, but at what cost?

Facebook users, randomized to deactivate their accounts for 4 weeks in exchange for $102, freed up an average of 60 minutes a day, spent more time socializing offline, became less politically polarized, and reported improved subjective well-being relative to controls.

People tend to forget that money is just a tool that we use to fulfill our wants and desires.  But once you start chasing money for money’s sake, that’s where things tend to go wrong.