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Conclusions Peter Brown and Peter Timmerman argue that mainstream economics is an ‘orphaned discipline’. It is founded, they claim, on a “dated and unrevised metaphysical and prescientific vision that is “incompatible with what we know about the universe and our place in it (Brown and Timmerman, 2015). Looking at free-market theory in the context of the modern understanding of evolution, this assessment rings true. Please share this article - Go to very top of page, right hand side, for social media buttons. Adam Smith’s concept of the invisible hand was a plausible hypothesis when it was proposed more than two centuries ago (Smith, 1776). Given the state of knowledge at the time, it seemed possible that self-interest, if properly channeled, could benefit groups. But as our knowledge of evolution has progressed, this hypothesis has grown steadily less plausible. The problem is that the major transitions in evolution show a pattern that is the opposite of th ....
Chambermaid. but in arnold s case apartment from this being a tragedy for his family this was an employee of his that was economically dependent on him. this is a theme that s disturbing in many of these cases that have run through our political debate for years. former president clinton as well, it was an intern that had people sort of wondering about that unequality when it comes to stature. you cite a study that says a higher a man rose in business hierarchy, the more likely they were to consider or commit adultery. it is aw stounding. it is true of men and women. we don t hear these cases about women. we struggle to find cases like this about women. partly this is partly this is just the numbers. there are many fewer women in the highest levels either in politic or in private industry. so you tend to have many more men who have the opportunity. what social scientists say is with opportunity comes inclination to act on it. that the muscles of monogamy ....
well, i think it s importance by what we mean by sex scandals, in the case of ones this week, only one is sitting in jail. in the case of dominique strauss-kahn, we re talking about a violent crime that he s accused of and denies having committed. in arnold schwarzenegger s case it s much more what we ve seen among powerful political men, a sense of entitlement that when there s a great deal of opportunity to be unfaithful, a great many men seem to take advantage. is there a similar source or does it relate to the power do you think? there s a study coming out shoertly that found as men and women move up in business hierarchy, they become more and more willing to commit adultery. there s a sense that with success comes confidence and often a sense of entitlement. and in that sense, there has been seen to be a connection also with maybe a different sense of what constitutes unacceptable risk. very different idea. maybe they feel that there are people who say, look, arnold wa ....
good morning. welcome. it s thursday morning, may 19th. we have a lot of news this morning including some breaking news. let s begin with that breaking news. the resignation of dominique strauss-kahn as head of the international monetary fund. this move comes just before a bail hearing today in new york. we re seeing this mug shot for first time. the former imf chief is facing sexual assault charges for allegedly attacking a maid in his manhattan hotel room. he says he is not guilty. resigning from the imf so he can defend himself fully. here is part of a statement he released. quote, i think at this time first of my wife, whom i love more than anything, of my children, of my family of my friends. i want to say that i deny with the greatest possible firmness all of the allegations that have been made against me. i want to protect this institution, which i have served with honor and devotion, and especially i want to devote all of my strength, all of my time and all ....