On Advertising
“Advertising is legalized lying.” – H.G. Wells
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“Advertising is legalized lying.” – H.G. Wells
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I have written a couple blog posts recently based on reflections inspired by Daniel Okrent’s wonderful book, Last Call. But there are so many wonderful tidbits from this book, I thought I’d share a few of my favorite quotes. First there is William Jennings Bryan, a prominent force in the Democratic Party at the end…
“With luck, Ted Kennedy will be dead soon.” She uttered these words two minutes after expressing hope that the nation would rally behind Obama. A lifelong Republican, she had voted for McCain. I expect she harbored concerned about Obama’s terrorist pals and his anti-American pastor. But with Obama now newly elected as president, she was…
During a particularly miserable World War II battle, a military analyst estimated that it cost $25,000 in artillery shells for each enemy soldier killed. That caused one soldier to ask: “Why wouldn’t it be better to just offer the Germans $25,000 to surrender?” If only the world were so rational! (Click here to view comments)
I have conducted a number of studies on a phenomenon sometimes referred to as emotional adaptation. The basic idea behind this phenomenon is that people often respond with strong emotions to significant changes in their circumstances, but these emotions tend to diminish over time. Moreover, people often fail to anticipate this change in emotions, a failure…
In case the Internet had any remaining credibility, as a source of truthful information, the MBA channel now lists me as a B School legend: The U.S. based website Poets & Quants has published a different kind of ranking. They haven’t chosen the best b-schools, but instead paid tribute to some of the best b-school…
In a new study published today in JAMA, my colleagues and I found that even after accounting for productivity, women working as physician researchers at American Medical Schools are paid $13,000 less per year than their male colleagues, a difference that amounts to hundreds of thousands of dollars over the course of their careers.
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