Human Gullibility and Financial Madness with Bernard Starr
January 21, 2009Why do smart people fall for scams, bubbles, and collective delusions? Armand DiMele and Dr. Bernard Starr, PhD, Psychologist, trace the psychology of gullibility from the Dutch tulip mania and the South Sea Company to the dot-com crash and Bernie Madoff, examining how situation, cognition, emotion, and social pressure leave us all vulnerable.