Why People Mistake Good Deals for Rip-Offs. In another experiment, the ventral putamen, a region of the brain that processes reward, was more active when people drank Pepsi than when they drank Coke—except when they were told that they were drinking Pepsi. Coke’s brand appeal is so powerful, and our ability to determine the value of cola so fickle, that our brains respond differently as soon as we learn that what we’re drinking isn’t Coke. The physical experience doesn’t change at all, but we’re unable to peg the value of a brown, caffeinated soda until we know where its life began.
posted by crossoverman
on Oct 22, 2013 -
Twitter is experimenting with online shopping
"American Express card holders who connect their card numbers to their Twitter accounts can post on Twitter to trigger a purchase of select products, including discounted American Express gift cards, Kindle Fire tablets from Amazon.com Inc. and jewelry from designer Donna Karan. The program will roll out over the next few days." [more inside]
posted by Wordshore
on Feb 12, 2013 -
Economies of Scale
is a free, web-based multiplayer business/commerce simulation game under development by Scott Rubyton (aka Ratan Joyce). Players use starting capital to build production/wholesale/retail businesses from the ground up in a basic economic model, competing for market share while collaborating through business-to-business trading of goods and materials. It's more fun than getting an MBA! Also much less expensive. [more inside]
posted by cortex
on Apr 3, 2012 -
Glengarry Glen Ross endures mainly as a spectacular display of verbal warfare and alpha-male gamesmanship. There’s a musical quality to it, with a great composer and a great chorus hitting the complicated runs of broken dialogue and solos that weave into profane poetry and nuggets of philosophical wisdom. Perhaps the greatest sign of the movie’s success, owed equally to Mamet’s script and this cast, is that it does a great sales job in itself, convincing us that there’s nobility to men who lie for a living — a bill of goods we’re all too happy to buy. [more inside]
posted by Trurl
on Sep 29, 2011 -
‘Everyone is a worker.’ That is a powerful statement, if you think about it. Richard Scarry wasn’t afraid to paint contemporary American society in such bold strokes. Nor was he afraid to explain commerce and capitalism to children.
- What Do People Do All Day
posted by Artw
on May 4, 2011 -
São Paulo Fashion Week, the nation’s most important fashion event, has been forced by local prosecutors to ensure that at least 10 percent of its models are of African or indigenous descent.
The model scouts see it differently - it's all about what sells. "The goal" Brazilian model scouts say, "is to find the right genetic cocktail of German and Italian ancestry, perhaps with some Russian or other Slavic blood thrown in. Such a mix, they say, helps produce the tall, thin girls with straight hair, fair skin and light eyes that Brazil exports to the runways of New York, Milan and Paris with stunning success." Yet, "on the pages of its magazines, Brazil’s beauty spectrum is clearer. Nonwhite women, including celebrities of varying body types, are interspersed with white models. But on the runways, the proving ground for models hoping to go abroad, the diversity drops off precipitously." [more inside]
posted by VikingSword
on Jun 8, 2010 -
Whole Foods takes London
. This South Kensington flagship store is the "quasi-messianic" company's biggest ever,
comprising 80,000 square feet spread out over three floors offering 10,000 grocery items. In true American style
, shoppers can choose from 1,000 different wines, 425 cheeses, 40 types of sausage, 55 in-store chefs, a pub called The Bramley, a sushi bar, a champagne and oyster bar and a DJ-booth to play music for late-night shoppers. The locals seem overwhelmed by it all.
posted by chuckdarwin
on Jun 29, 2007 -
Busted! In one of the biggest counterfeit busts in years, a 19-month investigation reached its climax on Tuesday as federal officials conducted early-morning raids throughout the
NY metropolitan area, arresting 29 people, seizing more than $230 million in merchandise and ultimately dismantling three operations believed to have imported more than $700 million in fake products over the last 24 months.
posted by ThePinkSuperhero
on Jun 27, 2007 -
Fifty years ago, I suspect that along with Mickey Mantle, Willie Mays, and Sandy Koufax, most Americans could have named, at the very least, Robert Frost, Carl Sandburg, Arthur Miller, Thornton Wilder, Georgia O'Keeffe, Leonard Bernstein, Leontyne Price, and Frank Lloyd Wright. Not to mention scientists and thinkers like Linus Pauling, Jonas Salk, Rachel Carson, Margaret Mead, and especially Dr. Alfred Kinsey.The prepared text of the speech delivered by Dana Gioia
at Stanford University Commencement on June 17, 2007.
posted by cgc373
on Jun 26, 2007 -
A Mall Divided
(youtube) - a musical tale of commerce, employment and electrical distribution for our times.
posted by Artw
on Dec 18, 2006 -
" Jim's ghost was in my ear, and I felt terrible".
Like all top classic-rock franchises, The Doors can exploit a lucrative afterlife in television commercials. Offers keep coming in, such as the $15 million dangled by Cadillac last year to lease the song "Break On Through (to the Other Side)" to hawk its luxury SUVs. To the surprise of the corporation and the chagrin of his former bandmates, drummer John Densmore vetoed the idea. He said he did the same when Apple Computer called with a $4-million offer, and every time "some deodorant company wants to use 'Light My Fire.' "
posted by PenguinBukkake
on Oct 5, 2005 -
Could any of us really score a photo scoop? Scoopt
is an on-line photo agency that purports to help us amateur photographers sell photos to news outlets
. You join for free, but they take a 50% cut of the profit. Is it worth that to have an on-call agent? Just in case I happen across a major news event some day? On the other hand, I like being a part of the Creative Commons world of Flickr
, where my "artsy" shots are available for further artistic use.
posted by mmahaffie
on Aug 12, 2005 -
All Pop Art.
Do you like Andy Warhol pop art? Did you want your
face to be on it? Is your narcissism overwhelming? I always viewed pop art as having a sense of irony, poking fun of mass culture. When mass culture then embraces and produces pop art based on themselves, is this a reflection of the apocolypse? I think this is similar to going back in time and meeting yourself.
posted by geoff.
on Nov 7, 2004 -
U.S.Businesses File Four Times More Lawsuits Than Private Citizens
[...]The report also found that businesses and their attorneys were 69 percent more likely than individual tort plaintiffs and their attorneys to be sanctioned by federal judges for filing frivolous claims or defenses. The report, Frequent Filers: Corporate Hypocrisy in Accessing the Courts, is available by clicking here.
“Corporations think America is too litigious only when they are on the receiving end of a lawsuit,” said Joan Claybrook, president of Public Citizen. “But when they feel aggrieved, businesses are far more likely to take their beef to court than are consumers.”[...] more
posted by Postroad
on Oct 10, 2004 -
The Father of the Shopping Mall
"His most remarkable innovation--unveiled in Edina, Minn.
, in 1956--was the first enclosed shopping mall, a climate-controlled community of retailing under a single vast canopy. But it was intended to be more than just a place to shop. It was to provide a center to otherwise centerless developments, offering community, entertainment and even enlightenment. Gruen lamented that Americans, at the time, were living 'detached lives in detached houses.' With his shopping-center designs, Mr. Hardwick writes, 'Gruen
hoped to offer a corrective to this grim and soulless American environment.' "
posted by jamsterdam
on Dec 24, 2003 -
How to make money off terrorism.
This outfit will e-mail you "near real-time notices about terrorism related news and events as a free public service" and expects 50,000 to 100,000 subscribers. According to their news-release page,
"when subscribership reaches significant levels the email alerts will be an effective advertising medium for in-house efforts as well as outside advertisers." As in, for example, "Alert: there has been a biological warfare attack. This message sponsored by Clearasil Anti-Bacterial Soap."
posted by beagle
on Aug 21, 2002 -
This saturday is the 2002 National Day of Action
Online communities have done a good job of covering stories about big corporations abusing their powers online to squelch the efforts of programmers, researchers, designers, music enthusiasts, etc. But what about their offline agenda? Masquerading beneath the guise of the Adventure Pass program
is an attempt to extend corporate control to our public lands.
From the press release:
"Among others, primary sponsors of the fee demo and Adventure Pass are Walt Disney Corp., KOA Campgrounds, and Coleman Co. If the fee demo becomes law, the legislation will allow these companies and other to develop
commercial enterprises on public forest lands in partnerships with the Forest Service."
posted by johnjreeve
on Jun 13, 2002 -
is a new magazine/web site dedicated to "interactive design and commerce." Nice design; bummer about the frames.
posted by kirkaracha
on Apr 7, 2002 -
Click and pay?
Imagine if one company held the right to collect a fee each time an Internet user clicked on a Web site link...
posted by Spoon
on Feb 11, 2002 -