Friday, November 19, 2010

Michael W. Hudson: Alan Greenspan, Animal House and the Scandal That Never Ends

Michael W. Hudson: Alan Greenspan, Animal House and the Scandal That Never Ends

Older but Not Wiser? The Psychology Behind Seniors' Susceptibility to Scams: Scientific American

But it's not just memory and reasoning that matter. "We use our gut feelings and our emotions to guide us to make decisions," says Mara Mather, a psychologist who studies aging, emotion and memory at the University of Southern California School of Gerontology. Contrary to stereotype, older people generally feel more optimistic than young people do, and are more likely to focus on the potential upsides of a situation. As people age and begin to feel that their time is limited, some researchers suggest, they seek out emotional fulfillment. This tendency to focus on the positive changes the decisions older people make.


Protect Your Memory by Adding to Your "brain bank," from Harvard’s Improving Memory Special Health Report