We, both as individuals and as institutions, don't reason or read critically.  Lest you think this is a "holier than thou" blog, I have to recognize in myself my own lapses in critical reading or thinking.

First, take a look at how many people and institutions have "missed the mark".  I look at the bond rating agencies.  I look at investment advisors, organizations, & individuals taken in by Ponzi schemes.  I see the "parrot-ing" of internet rumours, hoaxes and legends. 

ALL of these behaviors can, in large part, be attributed to the lack of critical reading and thinking.  The bond rating agencies failed to critically research and review company data before issuing AAA ratings.  Individuals and investment advisors didn't seek independent and steep analysis of the depositories for their life savings.  And don't get me started about the emails we get from our well-intentioned friends who pass on garbage that's purported to be The Truth.