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Showing posts from September 18, 2012

Introducing the Fringe Economy

Introducing the Fringe Economy You’re snacking from a food cart at a music festival, strolling through a swap meet, perusing home-made goods at a craft or holiday fair, spending Saturday garage sale-ing, dropping a dollar bill in a busker’s cup or scanning the ads on Craigslist or Ebay.  Without knowing it you are probably supporting the Fringe Economy, also known as the Informal Economy, the Grey Market, System D, the Underground Economy, the Street Market and so on.

How to understand the Fringe Economy?

Well, the Fringe Economy is to the traditional economy as Fringe Theater is to traditional theater: an opportunity for those on the outside of the institution to find a way into that select group.Not familiar with Fringe Festivals?  Here’s a brief description courtesy of Wikipedia ~
“Fringe theatre is theatre that is not of the mainstream. The term comes from the Edinburgh Festival Fringe, which name comes from Robert Kemp, who described the unofficial companies performing at the same ti…