(Lots of) Cash for Clunkers
Edmunds.com reports that its statistical analysis of the Cash for Clunkers program finds that the program generated only 125,000 extra new vehicle sales, meaning that the cost to the U.S. government was $24,000 for each of those new cars. Read More »
Not So Random After All
The random coin toss must be one of society’s most frequently used decision-making mechanisms. We use the coin toss to choose which movie to see, to determine team positions in major sporting events, to divvy up household chores. Read More »
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