16 June 2012

Economists demonstrate exactly why bank robbery is a bad idea

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Top stories: Jun 08 - Jun 15


Economists demonstrate exactly why bank robbery is a bad idea Scientific Method
Economists demonstrate exactly why bank robbery is a bad idea
by John Timmer

In most papers we at Ars cover, we'll be pleasantly surprised to find a single clever turn of phrase that has survived multiple rounds of editing and peer review. So it was an unexpected surprise to come across a paper where the authors, all professors of economics, have spent the entire text with tongues so firmly planted in their cheeks that they threatened to burst out, alien-style. It surprised me even more to find it in a journal that is produced on behalf of the Royal Statistical Society and American Statistical Association. Credit to the statisticians, though, for the journal's clever name: Significance.

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$422,000 to stream a movie? The continued Features
$422,000 to stream a movie? The continued "success" of phone cramming
by Nate Anderson

From July 2009 until December 2010, a Minneapolis-based company called Streaming Flix allegedly hit on a hugely profitable business model—slapping steep monthly fees for its online movie service on the phone bills of 253,269 customers. In total, $9.7 million was billed in that year and a half. How many movies did Americans watch after spending all that cash? 23.

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MacBook Pro gets Retina Display; MacBook Air also updated with Ivy Bridge Infinite Loop
MacBook Pro gets Retina Display; MacBook Air also updated with Ivy Bridge
by Jon Brodkin

The MacBook Pro got a widely anticipated Retina Display graphics update today, along with a new design that makes it almost as lightweight as a MacBook Air.

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