Wall Street executives say "wrongdoing is necessary"
Isolated Incident or Pervasive Patronizing? (err, Paterno-izing)
Speaking of cockroaches, the video below from Fox News describes how Joe Paterno and other top Penn State officials hushed up child sex abuse allegations against Jerry Sandusky more than a decade ago for fear of bad publicity, allowing the former assistant football coach to prey on other youngsters, according to a scathing report issued Thursday on the scandal. All of this makes me wonder, is this an isolated incident or yet another example of the pervasive patronizing that permeates our populace? You make the call, sports fans...
Are we predictably irrational?
Lest we focus too much on sensational headlines (you really can't make this stuff up) I want to introduce you to the work of a behavioral economist that just makes a lot of sense to me. In the video below, Dan Ariely (visiting professor @MIT and aspiring comedian) talks about the "bugs" in our moral code (i.e., the hidden reasons we think it's OK to cheat and steal). He uses clever studies to make his point that we are predictably irrational and can be influenced in ways we cannot grasp. According to Ariely, the most difficult thing for most of us is to recognize that, sometimes, we are so blinded by our own incentives that we cannot see how our conflicts of interest work on us...
Dan Ariely talks about our "buggy" moral code...
Video Source: TED
RAMBLE ON, the name of my SLOG was inspired by the Led Zeppelin song with the same name. It also describes the content, which reflects my very random observations about life, work and my endless pursuit of the sublime. See tag list below...
My "Fiscal Cliff" Playlist
"When you realize how little you know, you have become a philosopher."
~ Socrates ~