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People don't put a high value on climate protection

(Phys.org) —People are bad at getting a grip on collective risks. Climate change is a good example of this: the annual climate summits have so far not led to specific measures. The reason for this is that people attach ...

Richard Thaler wins Nobel for work in behavioral economics

The Nobel prize in economics was awarded Monday to Richard Thaler of the University of Chicago for research showing how people's choices on economic matters—whether on savings or game shows like "Deal or No Deal"—are ...

Physics in Brazil takes center stage as World Cup comes to town

As Brazil gets set to host the 2014 FIFA World Cup this month amid concerns about the amount of public money being used to stage the world's largest sporting event, Physics World's editorial team reveals in a new special ...

Laundering money—literally—could save billions of dollars

A dollar bill gets around, passing from hand to hand, falling on streets and sidewalks, eventually getting so grimy that a bank machine flags it and sends it to the shredder. Rather than destroying it, scientists have developed ...

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