New Study Finds that Rich People are More Likely to Lie and Cheat

Bloomberg (yes, the same Bloomberg news outlet owned by multibillionaire New York City mayor, because you can't make this stuff up) reports that a new study in the Proceedings of the National Academy of Sciences found that the "upper class"--their words--are more likely to behave unethically than those of us with less money.

Elizabeth Lopatto at Bloomberg wrote:

The “upper class,” as defined by the study, were more likely to break the law while driving, take candy from children, lie in negotiation, cheat to increase their odds of winning a prize and endorse unethical behavior at work, researchers reported today in the Proceedings of the National Academy of Sciences.

Taken together, the experiments suggest at least some wealthier people “perceive greed as positive and beneficial,” probably as a result of education, personal independence and the resources they have to deal with potentially negative consequences, the authors wrote.    READ MORE