WePay pored over some academic papers, Consumer Reports, and trade group publications to produce a helpful infographic on the behavioral economics of holiday gift giving. It’s interesting that an unused AMC Theaters gift card has a higher secondary market value (just 20% down) than one from 1-800 Flowers (30% off) – […]
Outlook
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Graphic artist Cameron Zotter picked up discarded receipts over a 48 hour period and mapped out how far they had traveled from the point of purchase. See the huge version on Flickr or click below:
A documentary film on the history of the venture capital business – Something Ventured – is in post-production. You can view a clip here.
From artist Blake Fall-Conroy: The minimum wage machine allows anybody to work for minimum wage. Turning the crank will yield one penny every 5.04 seconds, for $7.15 an hour (NY state minimum wage). If the participant stops turning the crank, they stop receiving money.
Watch reruns… and learn! Three academics created a site that contains over 100 Seinfeld clips that illustrate principles of the dismal science. As they see it: It is the simplicity of Seinfeld that makes it so appropriate for use in economics courses. Using these clips… makes economic concepts come alive, […]
Groupon shmoupon. Wired’s latest issue features a piece on ninja online bargain shoppers who show just how far traditional coupon snipping has come. There’s a woman who drives away from a food shopping trip with $80 worth of groceries and and a payment from the store – ““I actually made […]
Tim Price is right: “The real takeaway here is that “the Amalgamated Order of Real Bearded Santas is a thing that exists.” Not only that, but they have a website, and some photos to share:
Ebay coined the term Green Monday to refer to its best sales day in December, which is usually the second Monday of the month. The term has come to be used generally in e-commerce circles to describe that traditionally heavy online shopping day. As described in this BuySight infographic based […]
An unusual and rather classy response from a company executive to a shortseller of his stock. Interesting that Hastings chose Seeking Alpha to publish his response – it’s a nice exclusive for my former employer. The money quote from Hastings: I have to agree with my friend Whitney that there […]