Word: cards
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...litigation letters” the Recording Industry Association of America (RIAA) sent to college students. Warning the recipients that they may be liable for $9,250 per illegally downloaded song, the RIAA pointed recipients to a site where they can buy peace with a credit card number and a promise not to do it again. The price point is chosen with skill: large enough to hurt, but small enough that litigating would cost more. An industry spokesman responded in The Crimson that thievery is thievery. Bills were introduced in some state legislatures that would punish universities for students?...
...Women’s Center. Comments by a former Harvard president about “women in science” and the often flawed U.S. presidential candidacy of a former first lady bookended our college career, but despite some public relations flare-ups and missteps, the feminist trump card came out on top. But my response...
...finished a delicious dinner for two and it is time to pay the $100 bill. You open your wallet and are faced with your options: cash or credit? The reality is that no matter which option you choose, you will pay the same amount. But paying with a credit card feels very different than paying with cash—it is somewhat less painful...
...paying with credit cards less painful? When we pay with cash we consume and pay at the same time, but when we pay with a credit card we are decoupling the timing of consumption from payment. We eat now and pay later, making the pain of paying lower and the enjoyment from the meal higher. We can even push the pain of paying to a more extreme level. Imagine that when you step into the restaurant the waiter tells you that the average diner eats about 50 bites and spends about $50 in this restaurant, making it a dollar...
...going to experiment with this important decision, my suggestion is to send people a pre-paid debit card with the government’s logo and a statement that reads: “spend the government’s money...