I've been following the housing bust. In 2009, I remember reading a resignation later by a guy who made his "F * you money" betting for a housing collapse. He blasted the big banks, ivy leaguers, and old boys network. I bought complex derivatives (SRS, SKF) but lost betting against the market. I read http://calculatedriskblog.com for a while and educated myself about the macro factors in the markets. Through "calcula…
This type of physical disconnect is discussed in a radiolab episode on morality (http://www.radiolab.org/2007/aug/13/). They discuss two scenarios: (these versions are a bit different, copypasta'd from http://en.wikipedia.org/wiki/Trolley_problem)
Scenario 1: A trolley (i.e. in British English a train) is running out of control down a track. In its path are five people who have been tied to the track by a mad philosopher. Fortunately, you could flip a switch, which will lead the trolley down a different track to safety. Unfortunately, there is a single person tied to that track. Should you flip the switch or do nothing?
Scenario 2: As before, a trolley is hurtling down a track towards five people. You are on a bridge under which it will pass, and you can stop it by dropping a heavy weight in front of it. As it happens, there is a very fat man next to you - your only way to stop the trolley is to push him over the bridge and onto the track, killing him to save five. Should you proceed?
In short, more people will flip the switch in scenario 1, but will not push the man off the bridge in the second scenario. From this result, they (researchers) hypothesize that an entirely different part of the brain handles more abstract (i.e. non-physical) decisions; while the more basic, physical decisions may be made elsewhere.
Really cool thought experiment, and a good listen overall. Then again, that's par for the course when it comes to radiolab.