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fishernomics 

A social theory which advocates increased spending on non-essential items when personal incomes drop. Spending ones entire savings would lead to a desire to earn more in the future. This practice starkly contradicts widely held beliefs.

The theory was promoted by the J.L. Fisher in 2018. She believed it’s pointless having money if it can’t be spent, and personally blew a huge sums on cosmetics, designer bags, business class flights, shoes, vegan meals, countless watches and similar items.

It’s still early to say if fishernomics will stand the test of time ...
I’m indulged in some fishernomics yesterday, buying 2 watches I didn’t even need!
fishernomics by OBSvCBS October 2, 2018
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