The Skeptics Society & Skeptic magazine

In this unusual tag-team lecture, Zak and Shermer debunk two myths: (1) Homo economicus: that “economic man” is rational, free and selfish and (2) that evolution and economics are based almost entirely on cutthroat competition and self-maximizing greed. In Zak’s Moral Markets and Shermer’s The Mind of the Market, the authors demonstrate that people are as irrational with money as they are in all other aspects of life…