Groupthink

A very interesting perspective on the failure of the FED to foresee the housing bubble and its dire repercussions by Robert Shiller, a Yale economist, can be found here.

Success is Social

“Outliers: The Story of Success” is a popular science book by MALCOLM GLADWELL who contends that success in not entirely due to individual actions. The social environment and the initial conditions play an important role in the success of the individual. Things like the month of birth may matter!

I think this book may be worth reading at least in order to lower our ego and take a different perspective at our individualistic society.

You can find a review of the book here.