Crunchy Con

Testosterone poisoning caused the crash?

Monday October 6, 2008

Categories: Economics

On NPR this morning, the economist Tim Harford spoke about Oxford University research showing that male traders exhibited symptoms of testosterone poisoning when they'd be on a roll. Making money in brilliant trades gave them such a hormonal rush that they became addicted to it, and ultimately engaged in terrible judgment off those testosto-highs. Hmm.

In related news, humanity stands in need of the second coming, so to speak, of the fecund Moulay Ismail of Morocco, and 18th century gent who moved human evolution along lickety-split with his haremy-scaremy derring-do.

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Comments
meh
October 7, 2008 8:58 AM

Razib at Gene Expression rebuts geneticist Steve Jones who says that human evolution is over:
http://www.gnxp.com/blog/2008/10/steven-jones-is-being-silly.php
http://scienceblogs.com/gnxp/2008/10/no_evolution_isnt_ending_virgi.php

Laura
October 7, 2008 9:40 AM

"As for the first article...just what we need. Finding new ways to absolve ourselves of blame for the financial crisis. "It's not my fault! I'm the victim! I was addicted to risking other people's money!" Next, on Oprah...!:

Hmmm...reminds me of something some guy once said about 6000 years ago:

"It's this WOMAN you gave me..." (http://www.oneflewoverthechurch.net/node/64)

:smilewinkgrin:


senhorbotero@yahoo.com
October 7, 2008 12:05 PM

Oh Great lets now use this to re-fan the flames of the gender wars. One more way to paint "Men Bad, Women Good." Sounds like this guy has a little problem with being male himself. Can you imagine being so inflicted by this that you actually study the behavior of stock traders to fix blame on something besides that most basic trait of humans: greed. This whole line of reasoning is just so tiring. It has been floating over all the problems of this culture for 50 years now. The feminists conjured up the whole idea of Testosterone Poisoning to finally give us all a reason to fear men, no maybe actually to hate men.

So hey lets get behind it and spread the word maybe in the end we can finally purge the society of the evil male and get on with a world of peace, harmony and joy. I can just hear the feminists trumpet call sounding to rouse the troops yet again....Oh Lord save us this from this tripe....My stomach is churning...

pentamom
October 7, 2008 2:19 PM

How come "testosterone poisoning" can become the topic of actual research at Oxford, but if anyone ever so much as thinks the historic meaning of "hysteria" too loudly, he's likely to get drummed out of academia without a trial?

We're allowed to chalk any stupidity or moral failing we like up to male body chemistry, but we're supposed to pretend women don't even have body chemistry unless we're writing funny greeting cards, writing sitcoms, selling drugstore items, or providing criminal defenses.

Annie
October 8, 2008 5:21 PM

How about this as a reason. The crazy borrowing and lending of the past few years is a grief reaction to 9/11, behavior similar to that occurred in the roaring 20's, post World War I. Haven't any of you known of someone who, after losing a loved one, went wild with money. What do you think?

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About Crunchy Con

Rod Dreher is an editorial columnist for the Dallas Morning News, and author of "Crunchy Cons" (Crown Forum), a nonfiction book about conservatives, most of them religious, whose faith and political convictions sometimes put them at odds with mainstream conservatives. The views expressed in this blog are his own.

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