Thursday, April 17, 2008

Does having more money bring happiness?

Does having more money bring happiness?

Yes…if you ask Betsey Stevenson and Freakonomics' Justin Wolfers as shown in the map below…

From NYT’s David Leonhardt, “In the paper, Betsey Stevenson and Justin Wolfers argue that money indeed tends to bring happiness, even if it doesn’t guarantee it. They point out that in the 34 years since Mr. Easterlin published his paper, an explosion of public opinion surveys has allowed for a better look at the question. “The central message,” Ms. Stevenson said, “is that income does matter."

Read the entire article here or more from Freakonomics.






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