Decisions, Decisions

by Barry Goldman Two books came out recently in the field of decision-making. Baruch Fischhoff published Decisions: Studying and Supporting People Facing Hard Choices, and Barry Schwartz and Richard Schuldenfrei published Choose Wisely: Rationality, Ethics, and the Art of Decision-Making. The two books take very different approaches. In a word, Fischhoff represents the science of…

Fish Soup

by Barry Goldman Because I serve as an arbitrator for FINRA, the Financial Industry Regulatory Authority, I have a Disclosure Report posted on the FINRA website. That 11-page document shows my employment history, education and training, and it lists every place I’ve had an investment account, every agency where I’ve served as an arbitrator, every…

Defining Corruption Down

by Barry Goldman Robert McDonnell was the Governor of Virginia in 2014 when the federal government indicted him and his wife on bribery charges. A Virginia businessman named Jonnie Williams provided the McDonnells with over $175,000 in “loans, gifts and other benefits.” In exchange, the Governor “arranged meetings, hosted events, and contacted other government officials”…