derek | Shared With: Everyone - Jan 08 2009 | economics, humanity, interesting, science, experimentsBasically just a boatload of interesting stuff.
Quoted: Tversky and Kahneman conducted the following experiment
When contemplating the purchase of a $25 pen, the majority of subjects would drive to another store 15 minutes away to save $7
When contemplating the purchase of a $455 suit, the majority of subjects would not drive to another store 15 minutes away to save $7
The amount saved and time involved are the same, but people make very different choices
derek | Shared With: Everyone - Jul 25 2008 | economics, wine, tastings
Quoted: Stephen Dubner and Steven Levitt, authors of Freakonomics, keep the conversation going from their best-selling book that explores the hidden side of everything.
- derek | Shared With: Everyone - Jan 14 2007 | height, health, america, economics
Interesting stuff -- not terribly surprising, though.
Quoted: Why Europeans are getting taller and taller—and Americans aren’t.
- derek | Shared With: Everyone - Jan 06 2007 | news, economics, capitalism, america, economy
Thought-provoking and depressing.
Quoted: In our winner-take-all casino economy, the middle class is getting royally screwed. A call to arms for populism, before it’s too late.
- derek | Shared With: Everyone - Sep 07 2006 | height, economics
So why am I not 8 feet tall?! ;)
Quoted: In the late 1970s, Randy Newman scored a hit with a song containing the lyric, "Short people got no reason to live." The line was supposed to be satire, but outraged diminutive listeners didn't see it that way. Boy, are they going to be mad at a couple of
- derek | Shared With: Everyone - Mar 21 2006 | economics, us government, george w. bush
Quoted: Since then a combination of factors — the September 11, 2001, attacks, unexpectedly low tax revenues, Mr Bush’s tax cuts and runaway government spending — have plunged the yearly budget back into deficit. This year it will reach nearly $400 billion.
derek | Shared With: Everyone - Jan 08 2006 | economics, Starbucks, coffee, food
Quoted: Here's a little secret that Starbucks doesn't want you to know: They will serve you a better, stronger cappuccino if you want one, and they will charge you less for it. Ask for it in any Starbucks and the barista will comply without batting an eye. The puz
- tomfakes - Jan 08 2009
- milolutz - Jan 08 2009
- tomfakes - Jan 09 2009
You must be Derek's friend before you can comment on this Fave.I certainly won't move to another bar to save $2 on a margarita, but I will plan to hit happy hour!
multiple rationalities in play. Ocam's razor isn't always true.
This research shows how a bank system can be driven to the edge of collapse.
Send Derek a friend request or a personal message instead.