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Extreme Wealth Is Bad for Everyone—Especially the Wealthy
New Republic: When I was fourteen I met a man with a talent for restoring a sense of fairness to a society with vast and growing inequalities in wealth. His name was Jack Kenney and
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12 Ways to Stop Wasting Money and Take Control of Your Stuff
Time: In my work as a consumer psychologist and author, I’ve read countless studies about consumer behavior, and I’ve conducted plenty of research on my own, interviewing hundreds of shoppers about how, when, and why they
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Can Money Buy You Happiness?
The Wall Street Journal: It’s an age-old question: Can money buy happiness? Over the past few years, new research has given us a much deeper understanding of the relationship between what we earn and how
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Just Looking at Cash Makes People Selfish and Less Social
The Atlantic: When it comes to money, people aren’t pursuing stacks of green paper or a collection of copper disks—they’re interested in what those objects represent. The pull of money, the economy and most behavioral
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25 Is the New 21
The Atlantic: My 22-year-old daughter, Emma, waved goodbye to her college campus last spring and walked into a job this fall. Given the still-tepid state of the economy and all the stories—in the news and
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The Poverty Trap
Poor people are the subject of many negative stereotypes, including the assumption that they are inherently incapable of making sound financial decisions. But APS Fellow Eldar Shafir has demonstrated that the cognitive load and bandwidth
