from Emily Bianchi of Emory University and Kathleen Vohs of the
University of Minnesota, illustrate how having more (or less) money
can radically alter the fabric of our relationships with other people,
changing how often we socialize — and with whom.
several decades of household survey data, Bianchi and Vohs find that as
people make more money, they spend less time socializing with others;
they spend more time alone. And when they socialize, they spend more
time with friends than with family members or neighbors.
fairly robust body of research showing that "having or thinking about
money appears to heighten self-reliance and dampen attention and
responsiveness to others," as Bianchi and Vohs put it. In lab
experiments, people who are primed to think of money become more motivated to work and less interested in socializing. Exposure to money diminishes compassion toward others. Wealthy people tend to disengage from social interactions