Did you hear about this? Kelcy Warren can go to hell!
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I asked Wharton students what they thought the average American worker makes per year and 25% of them thought it was over six figures. One of them thought it was $800k. Really not sure what to make of this (The real number is $45k)
Oh good, I went viral
A lot of people want to conclude that this says something special about Wharton students— I’m not sure it does. People are notoriously bad at making this kind of estimate, thinking the gap between rich and poor is smaller than it is.
This was indeed why I asked bschool students: I was curious if they were as biased as everyone else. Further reading: https://t.co/OrvHCbdJO7 and
Oh good, I went viral
A lot of people want to conclude that this says something special about Wharton students— I’m not sure it does. People are notoriously bad at making this kind of estimate, thinking the gap between rich and poor is smaller than it is.
This was indeed why I asked bschool students: I was curious if they were as biased as everyone else. Further reading: https://t.co/OrvHCbdJO7 and
So 25% of Wharton students believe the average American earns more than $100,000 per year. Normally, I'd chuckle at how "stupid" these youngsters are. These days, I despair at the level of entitlement they display. If knowledge is power, America is really freaking weak, y'all.
I asked Wharton students what they thought the average American worker makes per year and 25% of them thought it was over six figures. One of them thought it was $800k. Really not sure what to make of this (The real number is $45k)
— Nina Strohminger (@NinaStrohminger) January 20, 2022
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