Persistent low wages linked to faster memory decline
In the U.S., the federal minimum wage has remained at $7.25 per hour since 2009. Memory decline can now be added to the list of health outcomes associated with low-wages.
Kin selection in financial decision-making
We kid ourselves that we select people for promotion because of their talent. It has never been true, and if the researchers behind this new study are right, it never will be—so long as humans are in charge of the process.
Rich people from humble origins are less sensitive to the challenges of poverty than those born rich
Just because someone has been in your shoes, doesn’t necessarily mean they care about you.
Lonely people vulnerable to financial exploitation
Social connectedness, which is already known to enhance physical health and psychological wellbeing among older adults, may also be a key protector against financial abuse.
High prices make the wealthy feel entitled to unsustainable goods
Upper-class people were more likely to buy unsustainable goods like individually packaged snacks when they had a higher price tag - the higher price made them feel entitled to the product despite the cost to the environment.
Have "neoliberal" policies, institutions prompted preference for greater inequality?
Neoliberalism, which calls for free-market capitalism, regressive taxation, and the elimination of social services, has become the predominant global socioeconomic framework since the late 1970s.
Rich young men most easily duped by "financial bullshit"
Is it possible to predict which consumers are in the risk zone for being misled by individuals who promote “financial bullshit”? “Bullshit,” believe it or not, is a concept with its own theoretical research in academia.
More evidence that poverty leads to child abuse and neglect
We can be certain that increased pressures on family life will lead to the risk that more children will be subject to harm, abuse and neglect, unless government and service providers can respond more effectively.
Extroverted? You may have better financial outcomes
How do the “Big Five” personality traits—openness, conscientiousness, extroversion, agreeableness and neuroticism—impact financial decision making and risk taking? How can this information help financial planners to better serve their clients and become really helpful allies?
Men are more assertive in initiating salary negotiations
How do the “Big Five” personality traits - agreeableness, openness, conscientiousness, extraversion and neuroticism - contribute to salary negotiation initiation? And does the gender of your boss make a difference?
Merit-based employment practices contribute to gender pay gap
We’re all very familiar with the idea of merit pay at work, that workers get paid based on individual performance and not on other nonperformance-related factors. But could merit-based pay actually increase inequality?
Changes in wealth tied to changes in cardiovascular health
Wealth and health are so closely integrated that we can no longer consider them apart. Increases in wealth are associated with protection against cardiovascular diseases while downward wealth mobility is associated with increased cardiovascular risk.
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