MIT Professor and behavioral economist Dan Ariely (who’s excellent book "Predictably Irrational" I have referenced or quoted a number of times on this blog in recent months) was interviewed via phone on CNBC a few days ago, and he pointed out something very significant:
When social trust is violated, as has been very broadly and shockingly [...]

The news regarding the ongoing problems in our financial systems, analysis and second-guessing of those news, and prescriptions for or against proposed ways to right the ship (AKA the Bailout/Rescue package) have reached a fevered pitch.
Rather than add to this imbroglio, I’ve decided to "take a time out" (though I’ll admit I have been an [...]