Scientocracy

Why psychological science is relevant to policy debates--and what policies might look like if they were better aligned with human nature.
Peter Ubel is a physician and behavioral scientist at the University of Michigan, and author of Free-Market Madness: Why Human Nature Is at Odds with Economics -- and Why It Matters. See full bio

Comments on "Salvaging Detroit by Rebranding Bankruptcy"

Salvaging Detroit by Rebranding Bankruptcy

Just a couple months ago, the nation watched as congress decided not to bailout American automakers, unconvinced that the three companies had sound plans for how to use such funds. Read More

Maybe, Maybe Not...

Rebranding the scarlet "B" is all well and good as far as it goes. But the work around begs the ancillary question; Do the company shareholders go broke?

If not, all hell would break loose with every other industry segment demanding the same kind of treatment. I.e., government acting a Mafia enforcer making offers to creditors that they can't refuse.

Good idea perhaps but playing out the untended consequences may surface some uncomfortable realizations.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

Subscribe to Scientocracy

Current Issue

The Expectations Trap

Why we're conditioned to blame our partners for our unhappiness.