Aye Carumba! Kevin
Roose writes in New York Magazine: Once upon a time, American economic growth
was a product of innovation, increased efficiency, and cutthroat competition.
This earnings season, our biggest market stimulant is an
erotic trilogy that contains sentences like "My inner goddess is doing the
merengue with some salsa moves."
In its second-quarter earnings report, Barnes & Noble —
whose Nooks have been used to give more than a few suburban moms a glimpse of
Christian Grey's red room of pain — attributed its strong same-store growth
figures to "the liquidation of Borders’ bookstores in fiscal 2012 and
strong sales of the Fifty Shades of Grey series." That followed a similar
admission earlier this month by Church & Dwight, the company that owns the
Trojan condom brand…
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