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A brain-scanning study of people making financial choices suggests that when given expert advice, the decision-making parts of our brains often shut down. The problem with this, of course, is that the advice may not be good. “When the expert’s advice made the least sense, that’s where we could see the behavioral effect,” said [...] Henry Kissinger recently said: We are building for the first time, not just a global economy but a truly global society.” The credit crisis, he repeated, would be seen as a mere hiccup in the progress of globalisation, as the world financial system adjusts to massive flows of money between countries. Read Article |
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