06-09-09 | The Sunny Side of an Underwater Mortgage

From a biological standpoint, socially cooperative behaviors could be an end in themselves, as far as your unconscious brain is concerned. But financial systems and policies ignoring the often-unconscious human social instincts do so at their peril. The authors offer a few practical steps for reinforcing the “social contract” that might alleviate the growing rift between the financial markets and society.