Video Resource: Does Having More Money Make People More Likely To Break the Law?
Answer: When it comes to stopping for pedestrians, the answer is a resounding YES.
Additional details (from BBC):
“He’s here to illustrate one of his more provocative experiments – who is more likely to stop for pedestrians, the rich or the poor?
Drivers are legally obliged to stop if someone wishes to cross. And, as a Lexus blithely slips through in front of him, Piff explains what his researchers found.
“None of the drivers of the least expensive cars broke the law, while close to 50% of our most expensive car drivers broke the law,” he says.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.