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June 13, 2005

Sam's real estate comment of the day

Courtesy of wsj.com, the juxtaposition of the day:

wsj on the overheated real estate market

Posted by sam at 01:17 PM

Monkeys with money

From the NYT: Monkey Business. Training capuchin monkeys to use money [from the big picture]:

It took several months of rudimentary repetition to teach the monkeys that these tokens were valuable as a means of exchange for a treat and would be similarly valuable the next day. Having gained that understanding, a capuchin would then be presented with 12 tokens on a tray and have to decide how many to surrender for, say, Jell-O cubes versus grapes. This first step allowed each capuchin to reveal its preferences and to grasp the concept of budgeting.

Posted by sam at 06:44 AM