Predictably Irrational | Steadfast Finances

21 May 2009

New York Investment Bankers Can Rationalize Theft and Cheating Twice as Easily as Regular People

Business Ethics, Consumer Education

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Just when I thought my cynical view of the world couldn’t get more bleak, I see the results of a simple behavioral economics experiment involving thievery and New York City bankers.
According to Professor Dan Ariely (author of Predictably Irrational), everyone has a tendency to steal or cheat just a little …

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For legality reasons, it should be mentioned that I am in no way to be considered a financial professional in any capacity. I do not hold any certifications or degrees within the financial field. I’m just a guy writing about personal finance, investing, or other money saving tips that I think the money conscious crowd might find helpful. You should never take any information on this blog (or any other blog) as financial advice unless that is their stated goal.

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