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"The Mind of the Market" (video)

EPISODE · Jan 15, 2008 · 1H 6M

"The Mind of the Market" (video)

from CHIASMOS: The University of Chicago International and Area Studies Multimedia Outreach Source [video] · host The Center for International Studies at the University of Chicago

Author and psychologist Michael Shermer explains how evolution shaped the modern economy-and why people are so irrational about money. How did we make the leap from ancient hunter-gatherers to modern consumers and traders? Why do people get so emotional and irrational about bottom-line financial and business decisions? Is the capitalist marketplace a sort of Darwinian organism, evolved through natural selection as the fittest way to satisfy our needs?

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"The Mind of the Market" (video)

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