On Advertising
“Advertising is legalized lying.” – H.G. Wells
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“Advertising is legalized lying.” – H.G. Wells
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It’s always tricky to judge anyone’s moral character, much less that of historical figures who lived during times very different from our own. Most of the great people who founded the United States, for example, had slaves. Some even sired children with those slaves – like Thomas Jefferson. Hard to know how to judge that….
In recent posts, I’ve presented several interesting pictures of how arbitrary thresholds influence behavior. I showed how airplane pilots speed up flights to make on-time arrivals, but don’t speed up late flights that won’t make it on time. I’ve shown that the price of used cars changes when the mileage on the odometer passes arbitrary round…
Based on today’s Duke Opinion Page, I’m beginning to wonder if I have too many opinions. Something my wife has been telling me for years! (Click here to view comments)
Interesting picture on the Vox website from Sarah Kliff, showing an increase in the number of health insurance companies planning to compete on the exchanges next year: So much for the rumors that Obamacare will quickly kill the health insurance industry. (Click here to view comments)
Here is a funny link, funny in my mind, to a profile listing me as one of the world’s top business school professors. And I don’t even think the blogger putting the post together was being ironic. Anyway, some of the content in the post is actually true. Except the part about hospital cafeteria conversations….
In his new book, Detroit City is the Place to Be, Mark Binelli describes the scene outside his residence in language so wonderful I had to share it with you: “By 9 o’clock on a Sunday morning, when I’d step out to buy a newspaper, I’d spot the tailgaters bundled up like deer hunters, clutching copied…