Why peo­ple believe weird things about money — Los Ange­les Times

 

Would you rather earn $50,000 a year while other peo­ple make $25,000, or would you rather earn $100,000 a year while other peo­ple get $250,000? Evo­lu­tion it seems accounts for a lot of our strange ideas about money.

The idiot author, who is try­ing to argue sen­si­bly on psy­cho­log­i­cal effects of human beings miss­ing the point of his orig­i­nal ques­tion.   I would def­i­nitely pre­fer to earn 50k while every­one else earned 25k then 100k while every­one earned 250k.   The author of the arti­cle seems to miss sim­ple eco­nom­ics and the infla­tion­ary price that would be involved if you are on the low end of the pole.

I would truly be richer in dol­lar value with the first option — and the author of the LA times thinks I’m an idiot for think­ing (real­iz­ing he is an idiot) that. 

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