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Keith Chen studies capuchins.

Monkey Business Something else happened during that chaotic scene, something that convinced Chen of the monkeys' true grasp of money. Perhaps the most distinguishing characteristic of money, after all, is its fungibility, the fact that it can be used to buy not just food but anything. During the chaos in the monkey cage, Chen saw something out of the corner of his eye that he would later try to play down but in his heart of hearts he knew to be true. What he witnessed was probably the first observed exchange of money for sex in the history of monkeykind. (Further proof that the monkeys truly understood money: the monkey who was paid for sex immediately traded the token in for a grape.)
posted by raaka on Jun 5, 2005 - 34 comments

 

Freely Traded Opinion

I was wrong. Free market trade policies hurt the poor. “As leader of the delegation from the United Kingdom [to Seattle in 1999], I was convinced that the expansion of world trade had the potential to bring major benefits to developing countries and would be one of the key means by which world poverty would be tackled... I now believe that this approach is wrong and misguided.”
posted by raaka on May 19, 2003 - 37 comments

"The bigger the binge,

"The bigger the binge, the longer and more severe the hangover." A short history of accounting scandals and fraudulent bankruptcies that follow bubble economies.
posted by raaka on Jul 10, 2002 - 3 comments

More from the Textual Analysis Department: Spiderman as class warrior. "This battle of good vs. evil features the alter egos of an orphan raised by financially-strapped working class relatives versus an egotistical corporate executive."
posted by raaka on May 17, 2002 - 16 comments

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