The biggest reason the human brain will always remain irrational is because Wall Street wants it that way. Wall Street can control irrational Americans better using its high-tech neuroeconomic data, strategies and algorithms.
I’d rate the whole thing as somewhere between car-crash bad and train-wreck bad. There might be a good point in it somewhere – in the way that, in a car crash, maybe the driver’s ACDC “Back in Black” CD remains unscratched – but an unscratched CD does not undo the fundamental badness of a car crash.
If you were driving by this MarketWatch opinion piece on side of the road, you’d definitely want to slow down and take a look.
(HT to Knowing and Making)