Word: spend
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...there today? PayPal is the most famous, but it has transaction costs too high for impulse buys of less than a dollar. The denizens of Facebook are embracing systems like Spare Change, which allows them to charge their PayPal accounts or credit cards to get digital currency they can spend in small amounts. Similar services include Bee-Tokens and Tipjoy. Twitter users have Twitpay, which is a micropayment service for the micromessaging set. Gamers have their own digital currencies that can be used for impulse buys during online role-playing games. And real-world commuters are used to gizmos like...
...beginning to wonder if anyone reads basic economics anymore. It has been widely understood for centuries that government does not create wealth; it merely redistributes it. The stimulus plan can be summarized as follows: we are going to borrow a trillion dollars from foreigners and spend it on a mile-long list of pork-barrel projects that we don't immediately need (or else we would have found another way to pay for them) and hope this gets us out of the recession. Stimulus won't solve the fundamental economic problems of this country: decades of low savings coupled with...
...Trillion-Dollar Question Michael Grunwald wrote in "How to Spend a Trillion Dollars" [Jan. 26] that if the government gives money away to stimulate the economy, it should target "people who can't afford to save it ... that's why Obama is pushing a permanent $500-per-person credit on payroll taxes for every worker making less than $200,000 a year." Was that sarcasm? Frank Humphreys, DUBLIN...
...argues that the mondo prizes will draw new fans to fishing and thus are a long-term investment in the health of the sport. The strategy might just work. Why wouldn't fans spend hours watching a guy fish if they knew they could catch a cool million...
...series of competing catalysts, a tangled network of reason and emotion. Using a raft of anecdotes and scientific studies, Lehrer answers some seemingly simple--and highly entertaining--questions. Does expensive wine really taste better than the cheap stuff, or are we biased by the price? Why do we spend more with a credit card than we do when paying with cash? How can we simultaneously desire a healthy diet and quickly devour the slice of chocolate cake in front of us? And what does it really mean when we experience a sudden, inexplicable gut feeling about something? While...