Rich is relative: how well-off do you feel? | Daniel Glaser

Rich is relative: how well-off do you feel? | Daniel Glaser

Rich is relative: how well-off do you feel? | Daniel Glaser 150 150 icnagency

By: Daniel Glaser | Rich is relative: how well-off do you feel? | Daniel Glaser | Neuroscience | The Guardian

Wealth should be measured like sound because it depends on our perception

According to the London School of Economics, even the highest paid people in the country – the top 1% – don’t feel particularly well-off. This is because they compare themselves with the 0.1% super rich – one usually works for the other.

Similarly John McDonnell caused outrage a few weeks ago when he defined those earning more than £70,000 or more as ‘the rich’. Neuroscientists wouldn’t be surprised. It’s all relative.

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