Why Nobody Feels Rich

9/14/20 by NPR

Web player: https://podcastaddict.com/episode/112462030
Episode: https://play.podtrac.com/npr-510308/edge1.pod.npr.org/anon.npr-mp3/npr/hiddenbrain/2020/09/20200914_hiddenbrain_hb_p135_-_why_no_one_feels_rich_-_092020_-_final.mp3?awCollectionId=510308&awEpisodeId=912749547&orgId=1&topicId=1007&aggIds=423302056&d=2002&p=510308&story=912749547&t=podcast&e=912749547&size=31973892&ft=pod&f=510308

If you’ve ever flown in economy class on a plane, you probably had to walk through the first class cabin to get to your seat. Maybe you noticed the extra leg room. The freshly-poured champagne. Maybe you were annoyed, or envious. Social psychologist Keith Payne says we tend to compare ourselves with those who have more than us, but rarely with those who have less. This week, we revisit our 2019 episode on the psychology of income inequality, and how perceptions of our own wealth shape our lives.

It never seems like their is much money at the end of the week, pay day comes and money goes out. And the more money you make the less there is left after expenses and never ending inflation.