Economics @ ITT

This Is Your Brain on Money

Posted in economics by ittecon on October 13, 2014

A young economist  wrote in 1844, “The extent of the power of money is the extent of my power. Money’s properties are my – the possessor’s – properties and essential powers… I am bad, dishonest, unscrupulous, stupid; but money is honoured, and hence its possessor. Money is the supreme good, therefore its possessor is good. Money, besides, saves me the trouble of being dishonest: I am therefore presumed honest. I am  brainless, but money is the  real brain of all things and how then should its possessor be brainless?”

via This Is Your Brain on Money: Why America’s Rich Think Differently Than the Rest of Us | Alternet.

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