Friday, April 06, 2007

Poor Beats Rich

Money Talks: A Brain Image of a Microeconomic Theory: Scientific American: "...That hesitation is what researchers at the University of Cambridge in England were banking on when they designed a study to see if the haves catch on more slowly than the have-nots when it comes to reward-based learning. Reporting in the current issue of Neuron, the scientists reveal that when a small sum of money is on the line, poorer people learn quickly how to maximize their profits, leaving their wealthier counterparts in the dust..."

Eh? Screw my head back on please.

2 comments:

the rube said...

penny wise - pound foolish?

when there's big money to be made with the military industrial complex the rich seem to leave the poor in their dust.

Bob Harrison said...

Yeah but I think it's because they have access to the tools of big money-- like capital and brokers. Little insider-trader corruption (cheating)doesn't hurt either.