Seriously, No More Cash in 2012
Should we get rid of physical cash in favor of all-digital currency? David Wolman thinks so. Read More »
The Opposite of Repugnance
Now, on his Market Design blog, Al Roth writes about something that’s perhaps even more interesting: the opposite of repugnance. Or, as he puts it, “transactions that, as a society, we often seek to promote, for reasons other than efficiency or pure political expediency.” Read More »
A Neverending Economics Lecture
A site called Work and Wealth for All offers free access to an extensive library of podcasts on economics, Social Security, and public policy, delivered by some of the best-known economists on the planet. The site also features commentary and analysis from a number of economically inclined outlets like The Economist, The Financial Times, and The Wall Street Journal. All in all, a good place to bone up on actual economics (as opposed to, i.e., a site like ours). Read More »
Reader Advice Needed: What Would You Do With a $200,000 Crystal Decanter?
The Smile Train is one of my favorite charities. Combining insightful business-oriented thinking with an unquenchable thirst for helping children born with clefts, in just ten years the Smile Train has completely transformed the lives of over 500,000 people via a simple 45 minute operation.
The Smile Train has a “problem.” It’s a long story, but here is the abbreviated version. Bacardi, the makers of Bombay Sapphire Gin, got together with crystal maker Baccarat, Garrard the jeweler, and designer Karim Rashid, to produce five “priceless” handmade crystal decanters. Read More »
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