You Can't Have Both At The Same Time

While working on our video, The House that Mama HIll Built, I was obsessively checking the blogs for news about the economic melt-down.  I came across the work of Michael Shermer renowned skeptic and proud defender of free market economics. He has a new book The Mind of the Market, that explains how human evolution shaped the modern economy, as well as why humans make irrational financial decisions. He seemed like a good person to consult, so I sat down to talk to him.

Today, Shermer says human beings are pro-capitalist when the markets are up and pro-socialist when the markets fall, he adds, "you can't have both at the same time."



Tomorrow, Michael Shermer will tell us who HE thinks the victims are in the sub-prime mortgage crisis.  If your first thought is senior citizens like Mama Hill, duped by predatory lenders -- think again.

We want to hear from you.  Don't let Michael Shermer have the last word; comment below and we'll share your thoughts with him.