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After a Blizzard, What's a Fair Price for a Shovel?

Harvard Business Review

I was surprised at the responses to my survey question. I then followed-up by asking survey-takers how they'd feel if "two guys" set up shop in a parking lot and sold shovels at a high market-clearing price. On the surface, these results don't appear to synch with those reported by Daniel Kahneman, Jack L.

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Income Inequality Makes Whole Countries Less Happy

Harvard Business Review

A 2010 paper by psychologist Daniel Kahneman and economist Angus Deaton, both Nobel laureates, calculated that day-to-day happiness peaks at an income of $75,000 a year, after which it plateaus. (At This research builds on some earlier, seminal research on how much money we need to make us happy.

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Ethical Consumerism Isn’t Dead, It Just Needs Better Marketing

Harvard Business Review

An often-quoted 2010 Wall Street Journal article, “ The Case Against Corporate Social Responsibility ,” laid out the argument clearly: “the fact is that while companies sometimes can do well by doing good, more often they can’t.

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