What caused the 2008-2009 financial collapse? Simple greed and incompetence? The unfortunate “perfect storm” confluence of economic cycles, globalization, and other hard-to-predict factors? Yes, yes, and yes. But something deeper was also at work. Understanding this more fundamental ingredient in what we saw will be key to a healthy and sustainable economic future. I suspect the more basic contributor was ideological. Ideology as I use the word here refers not to liberal or conservation economic theories, but rather to commonly held but ultimately limited and limiting beliefs. We appropriately ask how the best of economic and political minds—and all of us—could have been blind to what was in hindsight a situation that was as unstable as a house-of-cards. Neither self-interest nor simple ignorance ultimately explains why events unfolded as they [...]
"Cultural Immaturity"
The Cultural Immaturity Section includes commentary on current writings, policies, and human activities that fall short of the demands of Cultural Maturity. They may fall short in particularly dangerous ways or warrant commentary because how they fall short provides particularly useful learning. Comparison offers one of the best ways to deepen understanding of Cultural Maturity and to separate the wheat from the chaff in our thinking.

