The New York Times has an interesting series of tests and explanations that show why and how the human brain makes errors in estimating probability—and consequently, why we get suckered even if we think we’re overall pretty smart.
There was a NYT op-ed last week, “Go On A Savings Spree,” suggesting that, as opposed to the tax-rebate stimulus, the best way to heal the economy is for the government to create universal mutual funds for every tax-payer. At one point, author Dalton Conley writes, “Some research suggests that asset-holders behave more responsibly and are more civic-minded than those without wealth. After all, they have a stake in the future of the economy and their community…Investing motivates people of all income levels to defer gratification and become knowledgeable about the economy and society.”
Economists and politicians rant about China in terms of jobs lost, currency valuation, and trade gaps. But the New York Times reports that a new metric has been discovered: every year, Chinese workers manufacturing our toys, garments and electronic junk in the Peal River Delta collectively break 40,000 fingers.
The New York Times recently tested some “Vitasea” seaweed clothing from athletic clothing store Lululemon Athletica and could not find any evidence that there was any actual seaweed in the fabric. Lululemon disagrees.
Remember when we said exports from countries not named China were also tainted and filthy? It turns out the exports aren’t as tainted and filthy as the New York Times originally reported. The Times explains that a “methodology problem was discovered” after the Danish Embassy complained that their candy was refused by FDA inspectors only 82 times, not 520, as the Times claimed. From the Gray Lady:
When the data was re-analyzed, it showed that the number of candy shipments rejected from Denmark had not been higher than the number of seafood shipments rejected from China, as the article stated. The number of shipments rejected from China was also misstated; it was 331, not 391.
If you have access to your college email address, you can get access to the New York Times “Select” articles from their archive without those pesky five-dolla charges.
The New York Times reports how our victory in the Spanish American War will save you $60 on this year’s taxes. Last year Congress realized that Cuba was no longer occupied by the Spanish Empire. The war, funded by a 3% tax on all long distance calls, is over. No more measly one or two dollar “Federal Excise Tax” on your monthly phone bill. With the empire unlikely to strike back, Congress decided to drop the tax and refund the excise taxes collected over the last three years.
The Consumerist appeared on the front page of this Saturday’s New York Times Business section, in an article entitled, “Consumers Have Allies On The Web.”
John called asking about the ads Verizon is poised to put ads on the internet services accessed by its cellphone users.
We all know AOL is crap, but now that it’s free crap, Mr. Pogue of the NYT has penned the requisite rundown of what’s good/bad/pointless about new FreeAOL.
The New York Times has a left-wing anti-Domino’s Pizza analysis up today. Far be it from the Consumerist to tell you what sort of pizza to eat, we have to admit the Domino’s “Brooklyn-style” pizza fills us with ire. And we don’t even really give a shit about Brooklyn pizza.
If you’ve been fretting over your favorite newspaper’s inevitible demise (thanks, Internet!)… never fear! Google is set to begin offering print ads in 50 newspapers as a test to see how far it can extend itself into offline media.
Dealing with 9/11 is a matter of reframing it within a certain contextual advertising.
After we uploaded an AOL retention manual, AOL says “No Comment” to its authenticity in an article in today’s New York Times “What’s Online” section:
• Mr. Hooters is dead at 69, huh huh. [NYT] “Robert H. Brooks, 69, Owner of Hooters Restaurant Chain, Is Dead”