Why Poor People Have Harsher Moral Judgments

Morals is certainly one of my interests, as is evidenced by my series on Michael Sandel’s book, What Money Can[‘t] Buy. And so, when I came across a journal article called, “A Lack of Material Resources Causes Harsher Moral Judgments,” I was intrigued, if not a bit saddened. The researchers attempted to test the idea of …

85 People Have As Much Wealth as 3.5 Billion People

Just think about that headline for a second… 85 people have as much wealth as 3.5 billion people. Eighty-five vs. Three and a half billion. Maybe looking at the words isn’t enough, let’s look at it in numbers. 85 vs. 3,500,000,000. If I were graphically inclined, I’d make a quick “infographic” showing 85 people on one …

US Congress: 48% Millionaires, US Population: 2.85% Millionaires

I recently saw an article in The Atlantic with the title: Does the Rise of the Super-Wealthy Require New Global Rules? It’s a provocative question based on a book by Chrystia Freeland, Plutocrats. I highly recommend taking the time to read it! Anyway, while the article was good, there was something near the beginning that caught my eye …

Perception vs. Reality: Revisiting Wealth Inequality in America

This past summer, I wrote a post that shared some information about wealth inequality in the US. I was actually sharing information that had been published the summer before (in 2011). There was a telling graphic that followed as a result of the study (I’ve included it below):  Keeping in mind that this study was …