Censorship is awful thing in a democracy. I found it rather disturbing that the ABC Television Network first banned then considered heavily editing an ad from Lane Bryant that featured Cacique, its new line of lingerie. “We’ve never witnessed this level of content censorship,” said Holly Baird, a rep for the Lane Bryant. It doesn’t [...]
The Ig Nobels, or Igs, are an annual exercise in irreverence that celebrates research that “cannot, or should not, be repeated”. They are given to scientists whose results first make people laugh, and then make them think. This year’s ceremony took place at Harvard University, with the coveted prizes handed out by real Nobel laureates. [...]
Economics textbooks will tell you that one of the best products a retailer can have is an “inelastic” good or service. Meaning that there aren’t a lot of substitutes for the product and that customers are going to pay for it regardless of a price increase. UK retailer Marks & Spencer had such a product [...]
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