We’re all idiots, or are we?

Mind Hacks links to discussion of eBay auction silliness. In trials, people prefer to pay $5+$6 shiping for a CD than $10 for a CD with free shipping. It was a controlled trial:multiple auctions with different price-postage ratios revealed a net preference for low...

Media, good and bad

Democracy TV looks like a nice integration of Bittorrent and RSS to get channels to you for watching when you want. On the other side of the media, FluidEffect has a useful before/after feature in its portfolio to show you quite how much photoshopping we don’t...

Marr was right

Apparently waving your hands more equals better (more effective) teaching.

What do you know?

An interesting look from the economist’s point of view at some libertarian questions:Do you think a minimum wage is an effective way to help the poor? [Answer: No]Do you think wealth accumulation is the result of exploitation? [Answer: Not always]Do you see...