The Violin Player in the Subway
You may have seen the e-mail about the violin player in the Washington, D.C. subway, the one who almost everyone marched past on their way to work. The one who collected $32 for 45 minutes of play. The one who was playing a $3.5 million Stradivarius violin and who, three [...]
The Dawn of Neuroeconomics
Although most modern economic theory is based on the idea that humans make decision based on rational data and their own best interests, although a lot of work in game theory has proven that's not true. For instance, in tests where a pair subjects were given a sum of money [...]
Book Sales Are Up Double Digits
Even with the enormous rise of e-book sales on Kindles and iPads, brick-and-mortar bookshops are selling board-and-paper books at record rates. According to Julie Bosman, writing in the New York Times today, Amazon is reporting holiday sales up 10.9% and some independents are reporting sales up 30%. “This year so [...]