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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: greed

greed stories: 4 news summaries

(Newser) - Larry Summers sounded a note of cautious optimism today about President Obama's stimulus plan, the Washington Post reports. While it's way too early to assess its "broader economic impact," Obama's chief economic adviser called it "moderately encouraging" that consumer spending appears to be back on track. More »

 Psychologists: 
 Victorian Novels 
 Helped Us Evolve 

Victorian literature upheld cooperation, personal sacrifice

(Newser) - Victorian novels didn't just tout moralistic values of 19th-century British society, they helped altruistic genes flourish, a study claims. Evolutionary psychologists say classic characters such as Mr. Darcy and Count Dracula helped instill and promote a sense of right and wrong in society, the Guardian reports, specifically the notion that... More »

OPINION

'The Oracle' Forgot One Thing: We're Greedy

Founding fathers quickly figured out people couldn't be trusted to be selfless

(Newser) - If those who ignore history repeat it, Alan Greenspan must have slept through a few Constitutional history classes. In promoting the risky derivatives market, the former Federal Reserve chairman was depending on individuals' restraint and care for the greater good. But Americans just aren't that altruistic, as the Founding Fathers... More »

Broker Breaks Ranks to Rant on Profession's 'Gibberish'

Anonymous London columnist goes public

(Newser) - A London broker who wrote a popular, anonymous newspaper column that lambasted the greed, superficiality, and "gibberish"-peddling nature of his profession is going public, quitting the financial world, and, of course, writing a book about it all, Bloomberg reports. “We didn't invent greed,” said Geraint Anderson,... More »

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4 Stories