The drastic meltdown of the finance world is a subject which is being scrutinised under the microscope of not only economists but recently, scientists. Now, men are being blamed for this unfortunate worldwide event. Scientists who study traders in action found fluctuating levels of testosterone and cortisol. It was found that the levels of testosterone tended to correlate with the size of profit, while cortisol levels rose when the trader suffered increased volatility [1].
Such profound insight! Who would have thought that a couple of nanometer-sized molecules caused the collapse of global finance companies, bankrupt an entire country and make millions of people unemployed. Before we get too carried away with this failure attributed to hormone in men. Let's review the history of science, and scientists. The same hormones surely must have played its role during the defining moments for Archimedes, Newton, and Einstein.
So, while we may point the blaming finger on greedy men who gets a kick out of messing the economy of the entire world, we should keep things in perspective as these men are 99.9% similar in chemical composition to scientists whose contributions have helped advance human civilization.
[1] A. Wasley (Feb 2009), "Blame men for global meltdown," The Daily Telegraph, [Online]. Available: http://www.news.com.au"
Such profound insight! Who would have thought that a couple of nanometer-sized molecules caused the collapse of global finance companies, bankrupt an entire country and make millions of people unemployed. Before we get too carried away with this failure attributed to hormone in men. Let's review the history of science, and scientists. The same hormones surely must have played its role during the defining moments for Archimedes, Newton, and Einstein.
So, while we may point the blaming finger on greedy men who gets a kick out of messing the economy of the entire world, we should keep things in perspective as these men are 99.9% similar in chemical composition to scientists whose contributions have helped advance human civilization.
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