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Why people believe weird things about money

Michael Shermer in today’s LATimes.com asks:

“Would you rather earn $50,000 a year while other people make $25,000, or would you rather earn $100,000 a year while other people get $250,000? Assume for the moment that prices of goods and services will stay the same.”

The answer surprises me, while it really shouldn’t…
Do you play to win, or to not lose?

  • Read the full article here.

Link to Michael Shermer in Wikipedia
Link to Michael Shermer’s Web site

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