Blog sponsored by Bankrupt-Law.com


Retailers and credit card companies, who united a year ago on bankruptcy
reform, were on opposite sides of a House Commerce, Trade and Consumer
Protection Subcommittee hearing examining fees that banks charge merchants
for credit card transactions. Testifying were representatives from the
Electronic Payments Coalition, the National Association of Convenience
Stores, the Small Business and Entrepreneurship Council and the U.S. Public
Interest Research Group. Merchants, represented by the National Association
of Convenience Stores, welcomed Congressional attention ...   more »

Blog sponsored by Bankrupt-Law.com


Matthew Herper, 02.14.06, 12:00 PM ET

Six years ago, Stanford brain scientist Brian Knutson accidentally set
neuroscience and economics on a collision course. Knutson wanted to use MRI
scanners--the same devices used in medical diagnosis--to literally peer
inside people's heads as they experienced intense emotions. He tried showing
volunteers pictures of nude and decapitated bodies. But those reactions
paled compared with what happened when he offered people cash.

In 2000, Knutson published the first paper using ...   more »