The placebo effect and psychedelic drugs: Tripping on nothing?

A new study suggests that, in the right context, some people may experience psychedelic-like effects from placebos alone. The researchers reported some of the strongest placebo effects on consciousness in the literature relating to psychedelic drugs. Indeed, 61% of the participants in the experiment reported some effect after consuming the placebo.

Spending on experiences versus possessions advances more immediate happiness

Consumers are happier when they spend their money on experiential purchases versus material ones, according to new research.