Saturday, August 14, 2010

Weekend Essay by Jonah Lehrer: How Power Affects Us - WSJ.com

iorWeekend Essay by Jonah Lehrer: How Power Affects Us - WSJ.com:
"Psychologists refer to this as the paradox of power. The very traits that helped leaders accumulate control in the first place all but disappear once they rise to power. Instead of being polite, honest and outgoing, they become impulsive, reckless and rude. In some cases, these new habits can help a leader be more decisive and single-minded....Unchecked, however, these instincts can lead to a big fall"
Great behavioral corporate finance topic and a really good article....definitely recommended for class!

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