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Money makes you sharp and selfish, says study

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A new study may shed some light on the non-sharing of haves with the have-nots.  Researchers at the University of Minnesota found that subjects primed with pictures of money were more self-reliant, but also more selfish.  One group was shown pictures of money, and another, pictures of fish.  Then, all were asked to bring chairs for everyone to sit on.  Those who saw the fish, also brought the chairs closer.  However, those primed with money also spent 70% longer working on a difficult puzzle, before asking for help.  "It always bothered me that most people looked only at the desire for money, and that the bottom line was if you wanted money you had problems," said Professor Vohs.  [GT]

Mind over money

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December 29, 2006 in Money & finance | Permalink

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