#shorts #moneymotivation
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Scene A: The superiority amongst cohort
Scene B: Most suffered amongst with no–voice rights 😅
Guys the question was posed on the condition that "that all dollars are constant". There is no inflation in this hypothetical. The underlying assumption is that the wage difference is due to increased productivity.
Stop justifying their dumb answer.
The assumption that people going to Harvard business school are brilliant is a big leap. They have some detailed technical knowledge, but they've also been groomed to ideologically justify behaving like a psychopath with large sums of money..
@cob4754
I thought this was another motivational fake story because theres no way 87% choose A. So i looked it up:
(Tldr: its only 50%, but its also bad!)
This was the question:
"Note that prices are what they are currently and prices (the purchasing power of money) are the same in States A and B.
A: Your current yearly income is $50,000; others earn $25,000.
B: Your current yearly income is $100,000; others earn $200,000."
"Results
Approximately 50 percent of the respondents preferred a world in which they had half the real purchasing power, as long as their relative income position was high"
For those interested, the paper is
"Is more always better?: A survey on positional concerns"