News tagged with money illusion

Inflation 'felt' to be not so bad as a wage cut

Many people view a rise in their income as a good thing, even when the increase is completely negated again by inflation. Researchers at Bonn University and the California Institute of Technology have discovered the cerebro-physiological ...

Medicine & Health / Psychology & Psychiatry

created Mar 23, 2009 | popularity not rated yet | comments 0