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Life in the Red
The New York Times: The belt-tightening was the easy part. Cancel the cable. Skip the air conditioners. Ration the cellphone, unplug the wireless Internet, cook rice and beans — done, and done. The larger problem
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The Irrational Consumer: Why Economics Is Dead Wrong About How We Make Choices
The Atlantic: Daniel McFadden is an economist. But his new paper, “The New Science of Pleasure,” shows the many ways economics fails to explain how we make decisions — and what it can learn from
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Why Shoppers Just Can’t Resist Clearance Sales
TIME: January is prime time for shoppers stalking “further reductions” on merchandise that didn’t sell for Christmas or during the post-Christmas and post-New Year’s sales. In other words, it’s prime time for consumers to buy
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To Keep Your Office Resolutions, Start Small
The New York Times: Q. It’s two weeks into the new year, and you can already see your work-related resolutions start to fall by the wayside. This happens every year, so why do you keep
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How To Make Better New Year’s Resolutions
Slate: It’s that season again, when we resolve to accomplish a list of goals in the coming year. Not infrequently, these are the goals that we were resolved to accomplish during the preceding year. If
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Why Holiday Season ‘Self-Gifting’ Is Such a Huge Retail Trend
TIME: We’ve all heard that it is better to give than receive. During the holiday shopping period, there’s a new twist to this old adage: With the rise of “self-gifting,” many consumers are clearly big