“IRRATIONALITY RULES IN TIMES OF BOOM & BUST”
06/17/2012
Daily Beast: "For decades, economists and politicians have assumed that investors react rationally to the market's fluctuations. John Coates's new book argues that this is dangerously wrong-that body and mind combine to drive decisions." http://www.thedailybeast.com/articles/2012/06/11/new-book-argues-body-processes-and-the-brain-together-drive-wall-street-risk-taking.html
ON THIS DAY IN US HISTORY
On May 23, 1911, the New York Public Library is dedicated. Today, it is the third largest public library in North America and also one of the largest research library systems in the world. The NYPL system includes 87 libraries and has a research collection of more than 50 million items, including books, videotapes and maps.
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