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Should We Stop Referring to People as ‘Consumers’?
TIME: The term “consumers” is routinely used in place of “people” and “citizens.” While most people (consumers?) don’t notice or care much about the terms being used interchangeably, there are those who resent being labeled
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Your (Virtual) Future Self Wants You To Save Up
NPR: A retirement crisis is looming. As people live longer, one study finds that half of all households are at risk of coming up short on retirement money. And while many working households may feel
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When Today’s Deal Is Tomorrow’s Regret
The New York Times: HOW much is a $150 coupon worth? For Matt Sumell, the cost turned out to be one new relationship, as well as a little bit of pride. In January 2011, Mr.
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How Raising Prices Can Increase Your Sales
Forbes: It’s every business executive’s worst nightmare: you raise your prices, only to alienate your customers and decimate your bottom line. But what if the reverse were true? Social psychologist Robert Cialdini suggests that in
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Economics Made Easy: Think Friction
The New York Times: CRITICS of Mitt Romney’s activities at Bain Capital have been described, somewhat hysterically, as critics of capitalism. They’re not. But they are attacking something. And understanding that something can have enormous
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Rx for happiness: Tax the rich?
msn: Discussions about taxes tend to cause otherwise reasonable people to go from zero to apoplexy in 3.5 seconds. So I groaned inwardly when my editor suggested I write about a study of 54 countries