Ep 44 – Good Money After Bad

Money fixes everything, except the things that it doesn’t. In some circumstances, spending money can be useless or even counter-productive, like cola advertising, baby development DVDs, and election campaigning.

Ep 44 – Good Money After Bad

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Further reading:

http://www.nytimes.com/2009/10/24/education/24baby.html?_r=1&em – New York Times article on the Baby Einstein class action lawsuit

http://pricetheory.uchicago.edu/levitt/Papers/LevittUsingRepeatChallengers1994.pdf – [PDF] – Steven Levitt’s paper on US House election spending vs results

http://www.acrreform.org/research/does-money-buy-elections/ – Americans for Campaign Reform info on election spending vs results

http://www.buyingofthepresident.org/index.php/the_hanna_project/election_year/1992_clinton_vs_bush/ – Article on money raised for the 1992 US Presidential election

http://www.opensecrets.org/pres08/ – Open Secrets’ info on the spending of the 2008 US Presidential election