All this happened, more or less.

we don’t perceive circumstances objectively. We pick out those bits of data that make us feel good because they confirm our prejudices. As Andrew Lo of M.I.T. has demonstrated, if stock traders make a series of apparently good picks, the dopamine released into their brains creates a stupor that causes them to underperceive danger ahead.

Biases abound. People who’ve been told to think of a high number will subsequently bid much more for an item than people who’ve been told to think of a low number. As Jonah Lehrer writes in his forthcoming book, “How We Decide,” there are certain circumstances (often when there are many options) in which gut instincts lead to the best decisions, while there are other circumstances (sometimes when there are a few options) when calm deliberation is best.

Most important, people seek relationships more than money. If behaving a certain way helps a stock trader or a regulator fit in with his crowd, he’s likely to keep doing it without too much rigorous self-examination.

The more effort a father invests in his children, the smarter they are as kids and more successful as adults, new research shows. And highly educated fathers make even more of a difference than less educated dads, all things being equal.
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With paternal investment, however, time seemed to be the most important currency. At age 11, children of highly involved fathers boasted markedly higher IQs than children with less present dads.
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However, this effect did not last through middle age. At 42, the children of super-dads were no more socially mobile than other children - regardless of the father's education level or profession.

As a result, some sites are turning to a new strategy to keep their services "sticky" and their users satisfied: They're not just encouraging them to network online, but to attend offline events and parties in the real world as well. Yelp now regularly hosts parties in big cities around the country.