Word: decisional
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Countless experiments over the ensuing decades have confirmed that most of us make this so-called anchoring mistake - that is, making a decision based largely on an unrelated piece of information, like a random number that appears on a wheel. Anchoring occurs all the time, like when you're asked...
But even if the stimulus gets states like Florida off the affordable-housing hook in the short run, will it do enough to make low-income shelter a national priority again in the long run? To critics, the Florida legislature's decision reflects not just fiscal necessity but a cultural...
The new CIA director, Leon Panetta, told journalists that it was important to know how the global economic downturn is affecting the stability and foreign policies of key U.S. allies and rivals, especially China, Russia and countries in Latin America. He singled out Argentina, Ecuador and Venezuela as countries in...
Still, if the incident left him feeling a little unloved, it provided a brief distraction from a roiling controversy. On Wednesday, Straw blocked publication of minutes of two Cabinet meetings held in 2003 at which ministers debated the legality of the Iraq war. At that time, Straw was Foreign Secretary...
"Smile, you're in Swat," reads a billboard on the main road into the lush green honeymooners' valley in Pakistan once dubbed the "Switzerland of Asia." But over the past two years, Swat has been turned into a playground for the Taliban. And it may be the Taliban and their...