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Misperceptions About Racial Wealth Gap Examined in New Report
Yale University researchers explore the psychological processes that explain why the vast majority of Americans underestimate the magnitude of economic inequality between Whites and racial minorities.
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It’s Not Your Salary That Counts – It’s How You Spend It
Consumption habits may play a stronger role than income itself in how people feel about their lives, a study suggests.
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Social Class Determines Whether Buying Experiences or Things Makes You Happier
What is the best way to spend money to increase your happiness? A series of studies suggests that it may depend, in part, on how wealthy you are.
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Why Don’t America’s Rich Give More to Charity?
The rising wealth of the top tier of earners seems to be inaugurating a new age of charitable giving. More than 150 billionaires from around the world have now signed Bill and Melinda Gates’ Giving
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How to Get the Wealthy to Donate
The New York Times: Wealthy people are selfish jerks. So are their children. That is the implication, at least, of a batch of recent psychological studies. In a 2015 study, for example, preschoolers were told
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Higher-Earning Households Tend To Spend More Time Alone
NPR: A new study finds that wealthier people spend less time socializing. NPR’s Linda Wertheimer talks with Emily Bianchi of Emory University about how income levels affect how people spend their time. … WERTHEIMER: So