The Downturn Finally Hits HarperCollins

“The industry had been expecting some news from HarperCollins, a division of Rupert Murdoch’s News Corporation, as it was one of the few major publishing houses not to have announced layoffs during the current punishing retail downturn.” The company is closing the Collins and Wiliam Morrow divisions and laying off two top executives as well as lower-level staffers.

Why People Cheat (But Only Up To A Point)

Behavioral economist Dan Ariely: “[P]eople have two goals: We have a goal to look at ourselves in the mirror and feel good about ourselves, and we have a goal to cheat and benefit from cheating. And we find that there’s a balance between these two goals. That is, we cheat up to the level that we would find it comfortable [to still feel good about ourselves].”