quote:It’s hard to remember life before Relationship Banking. But I think it went roughly like this: you went to the bank, put money in or took money out, occasionally bought traveller’s cheques or money orders, and very occasionally applied for a mortgage or a car loan. With Relationship Banking, however, you now have a Personal Banker who, as the relationship develops, will tailor things to your individual situation, a letter from the bank informs me, with these key words in boldface type.
quote: There are laws of human commercial interaction every bit as rigid as those on display when a lion eats an oryx. However, they are not -- as critics of free markets frequently claim -- the "laws of the jungle." They are called economics, and describe how people behave always and everywhere in response to opportunities, incentives and policies that frustrate their natural inclinations or indulge their larcenous instincts.
And:
quote: Although human nature is not mutable, it does tend to be situational. That is, self-interest displays itself according to the logic of its institutional setting. South American politics attracts and cultivates certain characteristics.
I have nothing inherently against evolutionary psychology, but this kind of careless pop theorizing is totally ridiculous. And whenever someone points out any sort of science that demonstrates the fallacies of "economics," Foster (in times past) shrilly demands that they shut up because otherwise they may undermine free market orthodoxy...
From: There, there. | Registered: Jun 2001
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Mandos
rabble-rouser
Babbler # 888
posted 09 January 2002 02:42 PM
[oops, duplicate]
[ January 09, 2002: Message edited by: Mandos ]
From: There, there. | Registered: Jun 2001
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Email this thread to someone!
posted 09 January 2002 02:21 PM
