flag image
Form Wealth Management

Regional News blogs


John's blog
shadow
John's blog
People watching from the desk of General Manager John Halverson

printPrint
emailEmail
CommentFeedback
shareShare

Let the class warfare begin

February 28, 2012 | 04:13 PM

A study just came out that "suggests that people who are socially and financially better-off are more likely to lie, cheat, and otherwise behave unethically compared to individuals who occupy lower rungs of the socioeconomic ladder."

Writer F. Scott Fitzgerald once claimed "the rich are different than us." To which writer Ernest Hemingway said, "yes, they have more money."

According to the study there's more difference than meets the eye.

Why do they act that way?

They have a sense of entitlement, the researchers assume.

Plus, the study says, "elevated wealth status seems to make you want even more, and that increased want leads you to bend the rules or break the rules to serve your self-interest."

I've always thought that conventional wisdom presumed that those in the less fortunate economic strata tended to be more unsavory, but this study says otherwise.

I take no position on the validity of the research since I am somewhere between rich and poor. Like the three bears, maybe I'm in the group that has it "just right."


Comments ()
Community Bank
LGRN
LGRN
LGRN
Keefe - Pat Moore
LAKE GENEVA AREA REALTY
Young Auditorium
Regional News
Your national news today
iconHigh winds scale back search for missing anglers
CUT BANK, Mont. (AP) — Strong winds in northern Montana led Glacier County officials to scale back the search for a Canadian man and a Japanese woman who went missing after a weekend fishing trip...
iconPolice: Woman stabs self in fight over inheritance
MILLVILLE, N.J. (AP) — Authorities say an argument over an inheritance ended when a woman pushed a 72-year-old man down a flight of stairs at a southern New Jersey home and stabbed herself with a knife...
iconCandy distribution center in Ohio ravaged by fire
MAPLE HEIGHTS, Ohio (AP) — Some orders for chocolates have been halted after fire gutted a candy warehouse and distribution center in northeast Ohio...