It sounds ridiculous (and it is), but researchers from the University of Oxford, Ivey Business School, and Claremont Graduate University actually spent money surmising how being a male involved in finance is somehow a detriment to the world's financial stability. After studying the behavioral patterns of 140 male stock market traders, these researchers determined that testosterone directly affects how men buy, sell, and trade.
While testosterone has long been recognized as having a positive effect in decision-making, helping men to be clear, resolute, firm when going about their business, this new study attempts to paint testosterone in a negative light. Being a man, according to the study, means bidding and selling at much higher prices, apparently, and this somehow creates stock market bubbles.
After giving men treatments with Androgel, a testosterone replacement therapy, and comparing their trading habits with other men not given this drug, the researchers concluded that testosterone is what drives up prices and destabilizes markets. The inference, of course, is that if females were doing the trading, none of this would happen.
"In this paper, we show that exogenously increasing testosterone in men increases bid prices and asset price bubbles, and slows the incorporation of fundamental value," stated Dr. Amos Nadler, an assistant professor of finance at Ivey, and one of the study's researchers.
"We also show how the changes in buying and selling pressures give rise to bubbles and subsequent crashes. These results demonstrate the effects of a specific hormone, testosterone, on male traders in experimental markets."
Completely ignoring the Federal Reserve's role in the matter with its endless printing of fake money backed by nothing, these researchers place nearly all of the blame for the world's financial problems on testosterone and men. They're even going so far as to suggest a so-called "cool down" period in which men will apparently not be allowed to trade – for the betterment of the world, of course.
This type of anti-male faux science seems to be cropping up all over the place these days, with another recent study out of California suggesting that women have more active brains than men, even though men and women are equal in every way, according to the purveyors of political correctness.
What's further interesting about this latest study is its suggestion that "feminizing" the financial markets will be some kind of remedy for the world's financial woes. There's a clear distinction being made between testosterone and estrogen, in other words, even though the very same scientific status quo pushing such nonsense about testosterone affecting finances rejects the idea that estrogen is in any way feminizing to men.
These junk science gurus can't have it both ways, but they obviously don't care and hope that the world will accept their tripe without question. Not only is it absolutely absurd to suggest that manhood is responsible for economic failures, but it's absolutely insane to claim that exposure to feminizing chemicals isn't harmful to men, which is what the media establishment wants people to believe.
The researchers in this latest study basically admitted this when, in conclusion, they declared that it's important to gain "a better understanding of when and how hormones assert their influence – such as through exponentially positive feedback cycles that are unsupported by fundamentals or technical indicators."
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