I don’t believe that finance is the ultimate moral stand, nor that economics is the fundamental science. I read Ayn Rand when I was 12 and she was new. She fooled me, until I turned 15.
Category: econocaste
economics .. the short version, since the long is wasted on the young
Wealthy Entitlement, No Longer a Myth
This study comes in a series in which Piff tries to isolate the ways that wealthier people differ socially. Last year, Piff published a paper showing that wealthy individuals are more likely to exhibit a number of unethical behaviors. As Piff told New York Magazine last year, “While having money doesn’t necessarily make anybody anything,” Piff says, “the rich are way more likely to prioritize their own self-interests above the interests of other people. It makes them more likely to exhibit characteristics that we would stereotypically associate with, say, assholes.”

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