T B

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There’s actually reason to throw good money after bad

“Don’t throw good money after bad.” Any student of economics knows this basic rule, which states that rational agents should not take irrecoverable or “sunk” costs into account when making decisions about present or future investments. Nevertheless, human beings break this rule all the time, …

Critical Thinking

Daft Punk

<i>Photos by Nabil</i><p>Daft Punk are standing on a helipad overlooking downtown Los Angeles as fireballs make their sequined suits glisten with hot heat. It's a few days before this year's Coachella, where the duo's shiny new duds will premiere by way of a Jumbotron trailer for their new album, <i>Random</i> …

Extreme Plane Spotting at Maho Beach, Saint Martin

Located on the Dutch side of the Caribbean island of Saint Martin (i.e., Sint Maarten) is the famous Maho Beach. While it has the characteristic …

How the New York Times can fight BuzzFeed & reinvent its future

Advertisement<p>33 Comments<p>If I ever run into New York Times executive editor Jill Abramson (unlikely as it might be) I will sure as hell let her know …

Best Trips 2013

Got wanderlust? We’ve got your ticket. The National Geographic Traveler editors present the new year's 20 must-see places.

Travel Photography