Word: givees
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...powerful predictor of consumer spending habits. Through a series of experiments, the study shows that if people have an equivalent amount of money, say $100, the folks with a Ben Franklin in their pockets might not part with it, while those carrying Andrew Jacksons and George Washingtons more easily give up the cash. (See the worst business deals...
...form of self-control. From a recession-fighting perspective, however, self-control is Satan. The U.S. government is desperate for consumers to start spending again. So maybe the Obama Administration is approaching the economic stimulus the wrong way. Forget about tax cuts and grants to state governments. Just give people a bunch of $1 bills...
...That's a tough decision to make for bureaucrats, is it not? For many difficult questions, we capture public preferences by our citizens council, a representative sample drawn from the general public. For example, we asked if should we give greater priority to children than the elderly. The group decided that a year of life was worth just as much when you are a grandparent as when you are a child. That is very culturally specific and might not apply to other countries in the world...
...doesn't NICE take into account other factors in its cost-effectiveness review, such as lost productivity to the workforce? The quick answer is that our statutory instruments specify that we [should not]. But if you give advantage to people who are economically active, it means you disadvantage the economically inactive - the elderly. That's something that British society would find difficult to accept...
...Both chambers are expected to pass their respective versions by the end of next week, and then the real fun begins, as members work to hammer out the differences into a final bill. During this process, everyone, Obama noted at the Senate lunch, will have to give a little...