Monday, October 08, 2007

You guys think I'm weird but I'm just trying to stamp out cognitive dissonance.


Scott Adams, creator of the great comic strip Dilbert, explains how economics changes your brain.

Tuesday, October 02, 2007

If you could name your price what would you pay?


The band Radiohead is trying a new business model. Download their new album and pay whatever you think it's worth.

[S]inger Thom Yorke told TIME, “I like the people at our record company, but the time is at hand when you have to ask why anyone needs one. And, yes, it probably would give us some perverse pleasure to say ‘F___ you’ to this decaying business model.”

Will this be profitable? How much would you pay for a song or album if you got to name the price? Would you pay the going rate, be generous or a free rider?