We already had an inkling here and there, but now it has been fully proven: male primitive drives are to blame for the current financial crisis. A study published on the economic site ‘vox‘ explains three reasons why bad boy bankers behaved so badly. The most tragicomic one, is that too many male bankers are too high on testosterone, which makes them too reckless. Taking risks year after year, makes them addicted to the feeling of taking a risk, and succeeding (like killing that damn obstinate mammoth) which triggers the rise in testosterone levels significantly. Although the bankers’ brains often know that the decisions being taken are useless, they prefer listening to their primitive souls. Also, men operating in the financial markets have too much self-confidence. That’s necessary to survive and succeed in that branche, you would think. But their self-confidence is irrational, often much higher than what is rationally explainable. So we have to get rid of the assumption that market economy is based on rationalism. It’s rather based on ‘Me Tarzan, you Jane’.
Sources: Welingelichte kringen, Vox.
We are Gini Rose, Julia and Suzy. We draw, take pictures, film, and write (in English or Dutch) about everything we are intrigued by. We are never bored. Our hobby is to search for that kind of reality which may be elusive until the right kind of imagination falls upon it. We like to go outside. We also like to party. Want to know more? About is your button. Or click here to read our mighty mission statement. This page is our magazine, or a cabinet of views, viewpoints and new work. Here you'll find the RSS feed to stay updated. For an overview of our portfolio, take a dive into the deepsea..
