Re: Mind's Eye Re: Out of the mouths of babes

There's a big EU report on corruption Allan -
http://ec.europa.eu/public_opinion/archives/ebs/ebs_374_en.pdf - it
shows we all recognise there's a lot of it about. 98% of Greeks have
- which tends me to conclude the rest of us will catch up when we
realise more of our money has been vapourised!

On Feb 20, 6:45 am, Allan H <allanh1...@gmail.com> wrote:
> It is called corruption Neil..  I just received the interest on my AMX a
> massive 0% aka $0.00  I am one of the suckers that paid their excessive
> interest rate..  and we wonder why they are billionaires.
> Allan
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> On Sun, Feb 19, 2012 at 4:49 PM, archytas <nwte...@gmail.com> wrote:
> > Some way on from this we have the scandal of insider trading by the
> > government establishment - the classic paper on the US is - *The
> > study, "Abnormal Returns from the Common Stock Investments of the U.S.
> > Senate, Alan J. Ziobrowski, Ping Cheng, James W, Boyd, and
> > Brigitte J. Ziobrowski, was published in the Journal of Financial and
> > Quantitative Analysis (Dec. 2004) - we all think this is wrong, but
> > despite proof (Senators and so on beat the market by 12% which should
> > be impossible) nothing gets done.
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> > On Feb 19, 5:40 am, rigsy03 <rigs...@yahoo.com> wrote:
> > > Yes- I have seen/read about this. It depends on the nurture and
> > > envionment. Some are lucky to survive their childhood- their
> > > adulthood- and make it to old age in one piece with peace of heart and
> > > mind! And don't take my money! :-)
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> > > On Feb 18, 5:29 pm, archytas <nwte...@gmail.com> wrote:
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> > > > "We think children are born with a skeleton of general expectations
> > > > about fairness," explains Sloane, "and these principles and concepts
> > > > get shaped in different ways depending on the culture and the
> > > > environment they're brought up in." Some cultures value sharing more
> > > > than others, but the ideas that resources should be equally
> > > > distributed and rewards allocated according to effort are innate and
> > > > universal.
> > > > Other survival instincts can intervene. Self-interest is one, as is
> > > > loyalty to the in-group -- your family, your tribe, your team. It's
> > > > much harder to abide by that abstract sense of fairness when you want
> > > > all the cookies -- or your team is hungry. That's why children need
> > > > reminders to share and practice in the discipline of doing the right
> > > > thing in spite of their desires.
> > > > Still, says Sloane, "helping children behave more morally may not be
> > > > as hard as it would be if they didn't have that skeleton of
> > > > expectations."
> > > > This innate moral sense might also explain the power of early trauma,
> > > > Sloane says. Aside from fairness, research has shown that small
> > > > children expect people not to harm others and to help others in
> > > > distress. "If they witness events that violate those expectations in
> > > > extreme ways, it could explain why these events have such negative and
> > > > enduring consequences."
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> > > > The above is from a recent Science Digest.  It's really this kind of
> > > > morality I think might help us in forming an economics.  Doing the
> > > > right thing in spite of desires.  What we need, of course, is more
> > > > understanding of how we violate this childishness as rationalising
> > > > adults.
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> --
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> |_D Allan
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> Life is for moral, ethical and truthful living.