Insights: Navigating Wall Streets Is More of a Mind Game than Ever by Sadia Latifi
MONOPOLY MONEY
How did we enter financial freefail?
Here's one contribution. People cheat more when they aren't dealing with real money.
Abstractions - whether it's a poker chip or a stock option - make people more comfortable with fudging the rules. Start trading fancy derivatives and your morals just might come unmoored.
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