Does Being Rich Increases Selfishness And Narcissism?

The rich really are different than you and me. An article in TIME's Health and Family website reports on a study published in the Personality and Social Psychology Bulletin that shows that the wealthy have a sense of self-importance that is blown out of proportion to that of folks not so well off.

The wealthy were more likely to believe that they were more deserving, more likely to behave unethically in simulated business and charity scenarios and more likely to cut others off in traffic. They also were less charitable, as a percentage of their income. Statistics on charitable giving reveal  the wealthy donate about 1.3% of their income to charity,while the poorest actually give 3.2%.

The rich even look in the mirror more often. So much for noblesse oblige.