Compassionate apes, competitive humans, and other tales from evolutionary economics.
Why do we hold on to stocks long after it becomes clear that we should sell them? Why do we pay more for shirts with popular brand names,even when the labels are visible only inside our collars? Why do we become indignant as soon as we learn that other people are getting paid more for the same work, though we were perfectly satisfied before? Why? Because evolution wired us that way. My comment: We should have the optimistic scenario of cheer with upbeat regardless of negative encounters.
The hidden psychology that shapes the way we think about money and status et al.
I am an octogenarian learner who came to the United States as a graduate student in 1947 but I still feel like a student with intense quest for knowledge.
Money is the goal for most folks but there are those who would like to spread knowledge as dedicated teachers. I happen to be one of such homo sapiens.
I am satisfied with a simple life as a student of economics and enjoy watching all the headlines in the media about turmoil in economics nowadays. If we are living with philosophical underpinning,we should be happy to be in this mundane world and would not be perturbed by the happenings provided that we have food and lodging with spiritual joy of faith, hope and love.
Francis Shieh a.k.a. Xie Shihao on Saturday,September 20, 2008 at 3 p.
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