A social theory which advocates increased spending on non-essential items when personal incomes
drop. Spending one’
s 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 ...