President Obama was on Wall Street yesterday pushing for stronger oversight of the financial industry, which he set forth as the best way to prevent another massive financial collapse. Are watchful eyes really all we need to keep us honest?
Dan Ariely, a behavioral economist, has first-hand insight into how one self-destructive financial decision can thrust us into a downward spiral of many bad decisions. Dan Ariely is a professor at Duke University and author of ‘Predictably Irrational.’