Word: sellers
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Dates: during 2000-2009
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...much buying a stock or a bond or a house, it's about buying into the belief that an asset you purchase for 10 bucks today will be worth more than that sometime in the future. Never mind that the future is generally being promoted by the seller, the way religions pitch their paths to an afterlife. You gotta believe! In investing we fall for it over and over because sometimes it actually works. Stocks do go up. Housing can be an O.K. investment over the long haul...
...problem is teaching Americans how to navigate them. (Folks, cars entering a roundabout yield to those already in it.) But the heightened anxiety people feel in roundabouts makes them drive more carefully and remember that intersections are dangerous places. And as Tom Vanderbilt notes in this summer's best seller Traffic, "The system that makes us more aware of this is actually the safer...
...Advisory Committee on Student Financial Assistance, U.S. textbook prices rose 186% between 1986 and 2004, or twice the rate of inflation. College students now spend roughly $900 on textbooks every academic year, books they are required by their professors to purchase. This disconnect between the buyer and the seller allows publishing companies to artificially inflate their prices. "Publishing companies generally don't disclose prices to faculty," says Luke Swarthout, a higher education advocate at the U.S. Public Interest Research Group. "The person buying the books isn't the person paying for them - it's what we call a 'broken market...
Many authors dream of getting their books onto best-seller lists, but few pull it off with the panache of French writer Muriel Barbery. Her second novel, The Elegance of the Hedgehog, has been at or near the top of France's sales charts for 102 straight weeks since its September 2006 publication. It has been translated into a half-dozen languages and is being adapted for film. In South Korea and Italy, the book has generated the same sort of enthusiasm and devotion that made it a publishing phenomenon in France. Now, with the release of an English translation...
Zhou Shuguang wanted to visit his mother. Normally, that wouldn't be a problem for the 28-year-old vegetable seller, blogger and self-described occasional "citizen reporter." He'd jump on a bus and ride the twenty kilometers from Meitanba, the village deep in rural central China where he lives, to his mother's place. But Zhou, who sometimes highlights cases on his blog that pit ordinary citizens against local government authorities, hadn't considered one vital fact: the Olympic Games being held in Beijing, some 1000 kilometers away. Soon after he arrived at his parents house...