Business
The Boredom Economy – The New York Times
The pandemic is terrible. It can also be tedious. And that tedium is shaping what people buy and how productive they are.
Among the most vivid recent examples of boredoms economic influence occurred late last month when amateur traders, many of them followers of the Reddit forum Wall Street Bets, piled into shares of GameStop, a down-for-the-count retailer for gamers. These investors pushed its stock to astronomical highs before it crashed back to earth.
Part of their motivation was the idea that they could stick it to hedge funds, which had bet that GameStop would fall. Part of it was boredom.
Im bored i have 8k in…
