Debt - Why do people take out Sub-Prime Loans? Short and long term thinking.

Posted August 20th, 2007 by ianjones

Financial problems linked to short and long term thinking. Interesting articles that also relate to the way we are currently thinking about energy use and climate change.
http://scienceblogs.com/cortex/2007/08/the_psychology_of_subprime_mor.ph...
http://www.csbmb.princeton.edu/ncc/PDFs/Neural%20Economics/McClure%20et%...
Is it possible to help people develop longer term thinking?

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