I have posted before that I think psychopathic personalities, or morally insane people, would naturally be drawn to Wall Street. The reason is simple, they are driven by lust for power and clearly that is where power in America lies.
This new study posits that an extraordinary number of psychopaths (1 in 10) do work on Wall Street.
1 in 10!
Turn-of-the-century economists like Keynes seemed to take this for granted when they advocated tying CEO wealth to corporate wealth. The idea was, it seems to me, to leverage the skills of the morally insane for the greater good (or at least the good of capital).
Now, however, things have broken down as CEOs manage to enrich themselves no matter the state of the companies they direct. Until Washingtonians restore accountability to profitability there is a high probability of continued American decline.