Pragma Synesi – interesting bits

Compendium of interesting bits I come across, with an occasional IMHO

Born into Debt: Gene Linked to Credit-Card Balances

“…The effect is almost as big as financial literacy…”

From Scientific American Mind –  August 12, 2010:

Born into Debt: Gene Linked to Credit-Card Balances

A recent study was the first to show that a particular gene affects financial behavior outside the lab

Continue reading

August 20, 2010 Posted by | behaviour, decision making, genes | , , , | Leave a comment

Is envy, not greed, the root of all evil?

Is our quest to stand out from the crowd, rather than greed, driving our behaviour and the markets?  Makes a lot of sense to me.  From the Globe and Mail, May 27, 2010:

Green from envy

By Timothy Taylor

Gordon Gekko got it wrong: Envy, not greed, is what really matters

Continue reading

August 20, 2010 Posted by | behaviour, economics, neuroeconomics | , , , , , | Leave a comment