Re: Mind's Eye Re: the standard over-optimist?

Well that is their standard  rules money is the only important factor ,, how much money they can make,   todays rich has lost moral value and do no understand things like public good.

Allan

On Wed, Mar 14, 2012 at 3:32 PM, archytas <nwterry@gmail.com> wrote:

I particularly like the research on investment CEOs that shows they
over-rate their abilities and actually produce 'negative alpha' rather
than competent investment decisions - these being the very people who
threaten to go away if we restrict their 'earnings'.  The quick
portrait of Steve Jobs also demonstrates a main theme of the 'rich are
mean' in his selfish world in which rules do not apply to him.  One
wonders whether Apple might be an American manufacturer (and so on) if
we had proper economic rules that stop chancers like him doing their
immoral stuff?

On Mar 14, 2:23 pm, archytas <nwte...@gmail.com> wrote:
> http://www.scientificamerican.com/article.cfm?id=opting-out-of-overop...
>
> This is an interesting little story covering some of the research
> demonstrating people are over-optimistic and this has dangerous
> outcomes.  I winder if this is how the peculiar views on economics
> most hold and the dominance of cheery types in our media?

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|_D Allan

Life is for moral, ethical and truthful living.