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View Diary: The 1% more likely to lie, cheat, and steal. Science says so. (179 comments)

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  •  I use Gekko's speech in my class (3+ / 0-)
    Recommended by:
    gravlax, Catte Nappe, elwior

    I teach rhetoric (and have for the past 8 years at 3 different institutions), and Gekko's "Greed is Good" speech before the fictional Teldar paper investor meeting is something I use to test my students on their grasp of fallacies (identify each, explain how it is fallacious, etc.).

    I'm always glad to see Wall Street referenced regarding the 1%.

    The studies are interesting experimental set ups. Generally these have greater control over participants, but it lacks real world validity (experimental data is always like this). I'm not casting doubt on the summary of the studies, I'm simply explaining why 7 studies is required for this sort of thing. Always pay attention to Meta-Studies- or a study of research studies. The more studies that conclude the same thing... the more likely something is really there.

    For instance- if you have 50 studies that test variable A and B, and 25 say they are linked, 20 say they are not, and 5 say maybe... that's some ambiguous correlation : / If 38 say yes, and 10 say no, and 2 say maybe, we can be more sure about the link. So far, we have 7 out of 7. I'll have to check my library's subscriptions and see if I can snag the PDF of this paper.

    Above Grecian mantles were chiseled these words... Know Thyself... Nothing in Excess... the pop philosophy of its day.

    by ravagerofworlds2 on Tue Feb 28, 2012 at 08:34:42 AM PST

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