Hard economic times dent young adults’ self-regard for decades
Bianchi/Psychological Science 2014
Bad economies levy a tax on narcissism, at least among young adults, a new study suggests.
People who came of age during economic recessions report and display fewer signs of extreme self-absorption than those who entered adulthood during relatively prosperous periods, says management professor Emily Bianchi of Emory University in Atlanta.
A strong economy during the late 1980s and 1990s may partly explain reports of rising narcissism rates among U.S. college students of that era, Bianchi proposes May 8 in Psychological Science. If so, humility should have begun to reassert itself among young adults who have grappled with the economic recession that began in 2008, she predicts.
Narcissists view themselves as superior in all situations, feel entitled to special treatment and expect to always succeed and be admired and praised (SN: 8/13/11, p. 16).