Risk & Reward - doesn't it all boil down to this?

Whether geopolitical conflict or interpersonal angst, isn't life all about whether we stand to gain or to lose? This study comparing outcomes of those who go to trial vs. settle has many implications which supersede explicit litigation strategies.

The findings are consistent with research on human behavior and responses to risk, said Martin A. Asher, an economist at the University of Pennsylvania and a co-author. For example, psychologists have found that people are more averse to taking a risk when they are expecting to gain something, and more willing to take a risk when they have something to lose.

I know Brett is the real story but...

...am I the only one doing a double-take on the name of the NY Jets' CEO??

Let The Games Begin

The titanic clash of China and Rest of World:

China’s Leaders Are Resilient in Face of Change


China Defends Right to Deny Activists’ Visas

Beijing Police Stop Tibet Protesters Near Games Venue

China Ferries Olympic Athletes in Hybrid Cars to Cut Pollution

Sometimes price just doesn't matter

Lends new meaning to the economic term "elasticity of demand"...

Do we...uh...PAY actuaries??

The American Academy of Actuaries issued a policy statement Monday suggesting that "holding the retirement age constant is a certain prescription for future financial problems."

Extra Extra: Economists Issue Statement Saying Increasing Supply Leads to Lower Prices!

The changing user interface of life

I never fully grokked why my friend is *so* passionate about his iphone and, well, all things Apple in general. Sure, they're brilliant at product development and execution. Yes, Steve Jobs is a marketing genius with an unparalleled ability to create an upswell of consumer demand.

But to bring the latest SDK specs with you on a vacation to Thailand? :0)

Now, however, I get it. I at last have the latest-greatest elite toy and for starters, all the pent-up demand for music that my ipod-less experience to date (Shuffle doesn't really count folks) is alone transforming my reality into an immersive, escapist delight.

And I KNOW I haven't even scratched the surface when it comes to appreciating the elegance of the device's integrated design and to leveraging the Brave New World of AppleStore applications being promulgated as I type.

The horror of it all is that now that I can access Facebook 24X7, the reactionary makers of the beloved Mr. Potatohead I referenced in an earlier post have pulled an RIAA and decided to use the courts rather than customers to decide what products we have available to us. What will I now do with my insane amount of discretionary time??

Let the market decide!!!

Outrage - cntd.-

"WMD" seems so passe...right?

For example, a key assertion of the news release issued by the military on the day of the killings was that “a weapon was recovered from the wreckage.” But the military said Sunday that no one claimed to have found a weapon in the car or had seen a weapon taken from it.