It’s a brand new world when people with small cars and modest houses are the ones who look really brainy. Even if your house and your job remain the same, somehow the latest and greatest, the biggest and best doesn’t hold quite the allure that it did even a short year ago; and from out of this material world turned upside-down a basic truth is struggling to get free — you can’t measure true value by its price tag.
The word on “recession chic” is incapsulated in this New York Times article.