Gary Belsky and Thomas Gilovich are co-authors of the bestselling Why Smart People Make Big Money Mistakes—And How To Correct Them: Lessons from the Life-Changing Science of Behavioral Economics. Gary, an award-winning editor and writer, lectures and consults on the psychology of decision-making to businesses and consumer groups around the world. Tom, a professor of psychology at Cornell University, has also written How We Know What Isn’t So (1991), Heuristics and Biases: The Psychology of Intuitive Judgment (2002, with Dale Griffin and Daniel Kahneman), and Social Psychology (2004, with Dacher Keltner and Richard Nisbett).
What Class Divide? Rich and Poor, Red and Blue Agree on Wealth Distribution
What’s an acceptable level of income inequality in America? Some surprising insight into this complex question comes from a remarkable recent study by Michael Norton of the Harvard Business School and Dan Ariely of Duke …