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Monday, June 13, 2011

Now We Know -Income Disparity Makes People Unhappy

Ya think so?  From Science Daily summary (click the title) -

ScienceDaily (June 13, 2011) — Many economists and sociologists have warned of the social dangers of a wide gap between the richest and everyone else. Now, a new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, adds a psychological reason to narrow the disparity -- it makes people unhappy.

... Interestingly, the psychologists found, the inequality blues did not afflict Americans at the top.. For instance, for the richest 20 percent, income disparity or its absence did not affect their feelings about fairness and trust -- or their happiness -- one way or the other.

WI 1848 Forward: Now We Know -Income Disparity Makes People Unhappy - #Inequality #47% vs #Elites

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