Amazon Prime and Delayed Gratification

Would you rather pay $79.00 or $95.88 for the same service? Amazon just figured out how to get the $95.88 from some people. People who sign up for Amazon Prime get “free” (but we know there is no such thing as…

Presidential “Choice Fatigue”

Because with decision fatigue, the more decisions we make, the less energy we have for making decisions, so we increasingly prefer a default.

Economic Humor

For laughter and economic insight, the following are wonderful. A Cartoon: From gocomics.com, a very hypothetical illustration of “The First Economist.” A Daily Show Excerpt: Treasury Secretary Tim Geithner’s problems with selling his house. The Economic Lesson Some serious reading…