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Tag Archives: MIT

The power of searchers

darpa-red-balloon-challenge_large

The Defense Department just sponsored a contest in which they randomly placed 10 large red balloons across the United States and challenged teams to find them all. The one who found all 10 first would get $40,000.

The National Department of Supervisory Agencies for Universal Surveys for Many Different Types of Objects took on the challenge from its massive Washington DC headquarters. It dispatched instructions by secure mail pouch Circular #10-A643 to its 135…

Posted in Aid policies and approaches, Economics principles | Also tagged , 9 Comments