I wish I had a silver dollar for every time I’ve heard the phrase “It is human nature……” or some such derivative or derivation. Alan Greenspan recently popped to the surface of his personal cesspool to proclaim that it is human nature to create financial bubbles, thus absolving himself of any blame for a runaway fiat candy machine. His exact words were “Bubbles are functions of unchangeable human nature.”

I will stifle the urge to flush Greenspan back down the commode where he belongs and instead focus upon the mistaken belief that we can actually determine exactly what is ‘human nature’ after hundreds if not thousands of years of social conditioning and manipulation. Continue reading (Conditioned) Human Nature within the Insane Asylum →