Cheap Labor

Monday, September 15, 2008 - 15:56 in Mathematics & Economics

Big-money competitions—like the $25-million Virgin Earth Challenge to suck carbon from the atmosphere and the $10-million Progressive Automotive X Prize to build a 100mpg car—are a great way to inspire life-changing technologies. Winning strokes the ego, of course, and eight-figure prize money is also a good lure. But what if you need some innovative ideas, only you don’t have a lot of prize money to throw around? Hand out course credit instead. read more

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