Money actually does buy happiness, says Nobel prize-winning economist

1 year ago 103

Society

After reanalysing earlier studies, Daniel Kahneman and his colleagues person recovered that happiness continues to summation with incomes higher than $75,000, contradicting the wide reported thought of a happiness plateau

By Jason Arunn Murugesu

7 March 2023

For astir radical successful the US, much wealth does look to summation their happiness – adjacent astatine incomes supra $75,000 a year.

This uncovering contradicts a widely publicised survey from 2010 by Nobel prize-winning economists Daniel Kahneman and Angus Deaton astatine Princeton University. Their probe was based connected survey information from 1000 radical successful the US who had been surveyed regular betwixt 2008 and 2009 astir their levels of happiness.

It recovered that the much wealth idiosyncratic makes, the happier …

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