Fairness
Oscar Pistorius is a 400m runner who won a silver medal last week at the World Athletics Championships, with his approved set of carbon fibre prosthetic legs.
Terence Parkin won a silver medal in 200m breaststroke at the Sydney Olympics in 2000.
Sekou Kanneh is an Australian eleven-year-old aspiring Olympic sprinter, running competitively in both the 100m and 200m events.
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The experiments went like this. Scientists took pairs of people and gave one of them a big wad of money. Then they wired them up and watched what happened as more cash was handed out.
“People who started out rich had a stronger reaction to other people getting money than to themselves getting money,” Colin Camerer, one of the study’s coauthors, told the Freakonomics blog. “In other words, their brains liked it when others got money more than they liked it when they themselves got money.”
The science part: the circuitry of the brain’s reward centres is sensitive to inequality. The basic finding is that regardless of how much money you have, humans respond better to poor people getting money than rich people.
Continue reading "Are people hard-wired for income redistribution?" »
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Nathan H says:
Hard-wired for income-redistribution? Hardly. The original press release contains two crucial quotes: http://media.caltech.edu/press_releases/13327 Q1) “People who started out poor had a stronger brain reaction to things that gave them money, and essentially no reaction to money going to another person,” Q2) “In the experiment, people who started out rich had… Read more »
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David C says:
You dont make the poor richer by making the rich poorer Read more »
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