Worry About Inequality Isn't Just Envy of the Rich
In an article Sunday in the New York Times, Arthur C. Brooks, president of the conservative American Enterprise Institute, made an interesting argument about the debate over U.S. income inequality. The focus on inequality is causing a "national shift toward envy," he wrote, warning about the "toxic" effects of envy on people who experience it: increases in depression, neuroticism and hostility, and a decrease in happiness. You may envy the well-to-do, in other words, but it will cost you.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump Is Helping To Make Elites Great Again
- No One Wants Your Used Clothes Anymore
- Palestinian President Shows the World Who He Really Is
- Sorry, Bitcoin Fans. Digital Currency Is Still a Dream.
- After Trump and Brexit, Italy Falls for Nostalgia
- New U.S. Tax Rules Are a Gift to Europe
- Trump's Lame Excuse for Avoiding London