My own intuition is that rich people compete via $$$ and fear of falling begin takes a toll. The certainly have privileges, but whether they enjoy their lives is an open question.
Michael Perelman Economics Department California State University michael dot perelman at gmail.com Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com From: [email protected] [mailto:[email protected]] On Behalf Of raghu Sent: Wednesday, October 30, 2013 11:55 AM To: Progressive Economics Subject: Re: [Pen-l] Malcolm Gladwell's New Book Asks Us To Pity the Rich On Tue, Oct 29, 2013 at 3:38 PM, michael yates <[email protected]<mailto:[email protected]>> wrote: The rich may be happy, but that happiness comes at the expense of others. And not just some minor expense but life-taking expense. Exactly! Somehow I doubt that David Shemano and his libertarian friends can handle that idea. -raghu.
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