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Old 09-09-2019, 03:54 PM   #44
Weitz
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Quote:
Originally Posted by Slava View Post
There are a lot of studies that prove this. To me the most interesting is one that asked people whether they would rather be in a world where everyone earned $70k a year and they earned $100k, or one where they earned $125k and others earned $200k. People choose the first option most often. There's another where people are given the option of that $70k/year today or back 250 years ago. People choose to live back then and have lots of money. Logically, that makes zero sense because the standard of living back then, even with lots of money, was way worse. But we aren't particularly logical, just envious and status seeking. We don't want lots of money, we want more money than other people.
Is it about being envious or being comfortable? The first situation you make 43% more than everyone else so you will be comfortable. The second you make 38% less than everyone else so life will be tough. In the last example again you are making significantly more than the average so you will be really comfortable.

Doesn't seem too out to lunch to me and the correct responses were chosen.
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