Tuesday, February 28, 2012

Greed is great, greed is good

News from the Dept. of Obvious, a new study finds wealthy people, lie, cheat and view greed as a virtue. And not just on big stuff. They'll cheat for $50. They see no problem with lying to advance their goals and greed? Piffle. That's just "enlightened self-interest." A good thing in their gilded book.

Apparently, this is particularly common in economic studies majors. Something I can confirm with anecdotal evidence. Fully two thirds of my critics who have openly praised greed also claim to be economic professors or experts of some kind.

The researcher posits that "pairing ethics courses with economics may be beneficial" in changing the dynamic. Good luck with that. The problem is these people have no empathy and their world view is intractably solipsistic. Their moral clock didn't just stop ticking, it never had any juice to begin with that I can see.

And they're cheap. They'll nickel and dime you to death. There are of course exceptions, some few are extraordinarily generous, but as a whole, the more money they have, the more likely they are to stick you with the tab. And the worst are the trust funders. They never had to work to earn their money. They only work to hold onto it.

[More posts daily at the Detroit News.]

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