October 03, 2008

Financial Placebo

Zehn Mark IPractical Ethics: Fishing outside the reef: the illusion of control and finance - I blog about the nice little Science paper about how the desire for control in chaotic situations make people see patterns that aren't there in order to regain an illusion of control. Looking at current financial events it seems that not just many financial but many political decisions right now are taken for exactly this reason.

Posted by Anders3 at October 3, 2008 06:55 PM