Psychology Of Fraud: Why Good People Do Bad Things

Enron, Worldcom, Bernie Madoff, the subprime mortgage crisis.

Over the past decade or so, news stories about unethical behavior have been a regular feature on TV, a long, discouraging parade of misdeeds marching across our screens. And in the face of these scandals, psychologists and economists have been slowly reworking how they think about the cause of unethical behavior.

In general, when we think about bad behavior, we think about it ... Full Story »

Posted by Fabrice Florin

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Review

Sirajul Islam
4.1
by Sirajul Islam - Jun. 9, 2012

Nothing new but a good article nevertheless. The storytelling style is catching, and the usage of comics is interesting. This article is a reminder that on a moral level there are not two classes of people: good people always doing good things and bad people always doing bad things. We are all, at times, saints and sinners, fools and knaves. The article also shows that we don't, and probably can't ever, see the ethical big picture, and decisions are always made on slippery slopes, trading present tangible benefits for others or thyself against future abstract consequences, and finally, it reminds us that bad results often do follow from good intentions.

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