Marx, Mendel or Greenspan?
David Harvey explains the continuing crisis of capitalism:
Researchers at the University of California, San Diego, and the London School of Economics think it might have to do with having a gene that produces a smaller amount of Monoamine oxidase A (MAOA). They found that people with one “low” MAOA gene and one “high” MAOA gene reported having credit-card debt 7.8 percent more often than did people with two “high” versions, even when they controlled for factors such as education and socio economic status. For people with two “low” versions of the gene, that number jumped to 15.9 percent.
Greenspan, however, admitted he didn’t know what he was doing.