Upcoming web video chat thingamabob
Here are some details on a live web chat I’m having on Friday. Feel free to send in some fun questions.
Here are some details on a live web chat I’m having on Friday. Feel free to send in some fun questions.
Would you rather work in a stimulating, challenging job or a routine one filled with mundane repetition? Almost everyone would say they prefer the former. But a new study finds that people typically contradict themselves once salaries enter the decision. If the two jobs pay the same, people often opt to put out less effort, not more….
Recently I had the pleasure of reading Rich Cohen’s wonderful book: The Fish That Ate the Whale – the Life and Times of America’s Banana King. The book tells the story of Samuel Zemurray, a true rags to riches story, a man who started by spending his entire life savings – all $150 – to…
If President-elect Obama wants to know the challenges he can expect to contend with in his first 100 days of office, his “honeymoon period,” he need look no further than the state of Michigan. I’m not talking about what he can learn from Michigan about unemployment, where we are #1! I’m not talking about lessons…
A quote from Far From the Tree I thought I’d share: “There is no such thing as reproduction. When two people decide to have a baby, they engage in an act of production, and the widespread use of the word reproduction for this activity, with its implication that two people are but braiding themselves together,…
A very disturbing new study was just published, in which physicians viewed a video of a patient with back pain asking for OxyContin. Twenty percent of docs said they would prescribe that med under that circumstance: …Too often, doctors prescribe potentially dangerous medications to patients who shouldn’t be getting them, and what they prescribe is…
As someone who has been working in the field of behavioral economics for a couple decades now, I have long been aware of what psychologists call “the availability heuristic.” This was a phenomenon described by Kahneman and Tversky in some of their seminal research from the early 1970s. I recently came across a nice example…