Judging What We Don’t Know: The Intangible Value of Status Symbols

If you, like Errol Louis, have trouble comprehending the logic behind a "not-filthy-rich" person buying a $2,500 purse because you would never want that yourself, I'll put it into language you can understand.

Arrest Quotas and Racial Profiling at Luxury Stores

New York state's attorney general is launching an investigation into Macy's and Barney's after news reports revealed that blacks and other minorities were routinely being stopped by police after purchasing luxury items. The Daily News reports that one of the reasons why this kind of racial profiling has been happening is because Macy's may have a quota of "five arrests per week" and an "internal race code system."