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That Rolex won't come cheap, ever more so...
That Rolex won't come cheap, ever more so...
Nicole Vulser

PARIS - The price of luxury products is skyrocketing. The quasi-hypnotic appeal of some brands and the increasing number of extremely wealthy clients throughout the world is enabling luxury brands to hike prices to stratospheric levels year after year.

A pair of John Lobb shoes, a Kelly Hermès bag, a kilo of Petrossian Sevruga caviar, a bottle of 2002 Dom Pérignon champagne, a session with a Fifth Avenue therapist, a face-lift by a famous plastic surgeon, two seats at the Metropolitan Opera in New York, the chicest of Sikorsky’s helicopters, or a Rolls-Royce Phantom – these are some of the essential 40 goods and services used to calculate the renown “Cost of Living Extremely Well” index, created in 1976 by Forbes magazine.

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Ideas

The Trauma Of War, A Poisoned Guide For Parenting

As a psychoanalyst, Wolfgang Schmidbauer has researched the psychological effects of war on children — and in the process, also examined his own post-War childhood in Germany. In this article, he warns that parents tend to use their experiences of suffering as a method of education, with serious consequences.

Parents traumatized by war make their own experiences of suffering a core principle of education.

Wolfgang Schmidbauer*

As a young married civilian, British poet Robert Graves describes his mental state after World War I. "Shells used to come bursting on my bed at midnight, even though Nancy shared it with me," he wrote in Goodbye to All That, his wartime biography. "Strangers in daytime would assume the faces of friends who had been killed."

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