Trickle down doesn’t: New study finds that income inequality makes the wealthy less generous
Bloomberg reports: “If Charles Dickens’s Victorian London had more income equality, Ebenezer Scrooge wouldn’t have been such a miser. That’s the implication of new research that suggests inequality makes wealthy people less generous. The study published today in the Proceedings of the National Academy of Sciences is the first to probe how inequality influences altruism.”
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