I've been seeing more research lately on the impact of wealth/money on our attitudes and actions, and this might be an important discussion topic for psych students as they think about college/career/life path, etc. The research doesn't send a simple message - psychological impacts of wealth are more complex:
- This Psychology Today blog post is a good overview, I think. Addresses connections to some of the "big" motivation theories, and the link to the quizzes on http://www.beyondthepurchase.org/ are intriguing (that website looks a bit fishy at first glance, but it's run out of San Francisco State, and the research seems legit)
- Scott Miller (hi Scott!) keeps sending me great stuff, and this article describes a fairly simple study that is an important addition to the topic. Perhaps counter-intuitively, humans seems to accumulate much more than we can use: "Always wanting more, whatever the price"
- This PBS News Hour story on the impact of wealth includes a powerful video summary of a "monopoly" study - surprising and dramatic results! worth watching! "Exploring the Psychology of Wealth"