High quality global journalism requires investment … The Hour Between Dog and Wolf: Risk-taking, Gut Feelings and the Biology of Boom and Bust, by Dr John Coates of Cambridge Judge Business School. No one is better qualified to analyse the biology of banking than Coates, a trader turned neuroscientist. As long as human brains control the world of finance, there will be cycles of irrational exuberance and unfounded pessimism, but Coates shows how the wild swings that destabilise banks and the global economy could be calmed by applying biological principles…”
Read the full article [ft.com]
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