This is the third of three columns on human behavior and systemic problems.  The first column covered in general how our complacency allows us to be taken advantage of, especially when information technology is involved.  The second column, based in part on my friend Ralph’s mortgage problems, showed one example of how a class of investors has been able to keep millions of Americans trapped in high cost mortgages, creating a sort of economic time machine that benefits one group at the expense of the other and the nation. This third column, addressed to President Obama, is about a cure for that specific mortgage problem — a cure that would also […]