THE NEGATIVE POWER OF POSITIVE THINKING.

“We’re far more inclined to embrace positive information about our own investments than negative information. We often turn that off,” says Tali Sharot, author of “The Optimism Bias: A Tour of Our Irrationally Positive Brain.”

What if the “power of positive thinking” is simply a numbing drumbeat that reinforces the positivity delusion, leading us to make blockheaded business and investment decisions?

So, kind of like the media coverage of the Obama Administration. Plus, a shocking phrase to read in the WaPo: “Old-style American Calvinism, while not a load of laughs, has a lot to do with American wealth and development.”