4 ms·
https://www.latimes.com/archives/la-xpm-2008-jan-13-op-schermer13-story.html https://www.latimes.com/archives/la-xpm-2008-jan-13-op-scher... "people... would r
by seanicus 5y ago
https://www.latimes.com/archives/la-xpm-2008-jan-13-op-schermer13-story.html https://www.latimes.com/archives/la-xpm-2008-jan-13-op-scher...
"people... would rather make twice as much as others even if that meant earning half as much as they could otherwise have. How irrational is that?"
Loss Aversion in action - people who were generally gainfully employed and able to make rent despise people who generally were not reliably employed and unable to make rent.
My last two industries (corporate events and travel respectively) got demolished by the pandemic. I'm much happier being consistently employed, staying off the dole, and being able to make rent but I should be thinking the poors can shove it, I guess.