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Lazy Academics

It’s final exam time, and my office is packed with a few of the 520 students in my bigger class. Although I’m pleased by their interest, I ask why they’re spending so much time on my course. The answer is that it’s the only final exam they have. Read More »



Why Groupon Works

Google’s recent reported $6 billion bid for Groupon — rebuffed, for now — took observers by surprise and worried the company’s investors. James Surowiecki analyzes the deal and Groupon’s business model. Read More »



A Very Interesting Paragraph From …

… Economic Lives: How Culture Shapes the Economy, by Viviana A. Zelizer, an economic sociologist at Princeton: Suppose for a moment that this is the year 2096. Let’s take a look at American families: although by now money often takes postelectronic forms unfamiliar to the twentieth century, in the “traditional” home, “housewives” and “househusbands” receive monthly stipulated sums of money as salaries from their wage-earning spouses. Read More »



Paying Drivers to Not Speed

A number of Freakonomics readers have alerted us to yet another novel lottery idea. As Wired reports, Kevin Richardson won Volkswagen’s Fun Theory contest for his idea. Read More »