Income Inequality Makes The Rich More Scrooge-Like, Study Finds

Handout ChangeThe following article by Melissa Healy with the Los Angeles Times appeared on the National Memo website, posting on November 24, 2015:

As the annual “season of giving” dawns, a new study finds that stark income inequity — a dramatically rising trend in the United States — makes the “haves” less generous toward others.

Higher-income people were less inclined to be generous both when they came from states where income inequality is high and when they were made to believe that there was a sharp divide between rich and poor, a new study found. And they were less charitable in both cases than were low-income people. Continue reading “Income Inequality Makes The Rich More Scrooge-Like, Study Finds”