What Really Buys Happiness?

Not income equality, but mobility and opportunity

The United States is a rich nation getting richer. According to the U.S. Census, between 1993 and 2003 the average inflation-adjusted income in the top quintile of American earners increased 22 percent. But prosperity didn't end with the top earners: those in the middle quintile saw their incomes rise 17 percent, on average, while the bottom quintile enjoyed a 13 percent increase. This isn't a short-term phenomenon, either. In the 30 years leading up to ... Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Aug 6, 2007 - 1:16 PM PDT
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Edited by: Leo Romero - Feb 29, 2008 - 5:44 AM PST

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Louise Auerhahn
1.4
by Louise Auerhahn - Oct. 1, 2008

Article is composed of (1) unsupported assertions, (2) extremely selective use of statistical data, and (3) repeated attacks on a straw man ("a group of liberal politicians, policymakers, and social activists who want to reduce economic inequality through greater taxation and redistribution of wealth" who supposedly "draw inspiration from a particular academic theory: that inequality is socially destructive because it makes people miserable.")

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Kaizar Campwala
4.0
by Kaizar Campwala - Oct. 1, 2008
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tom
3.0
by tom - Oct. 1, 2008

The following link is an article that has an opposing view to this article. It is about how extremely extremely rich people by the average person's standard feel poor compared to their much richer colleages. Link to that other Article: hxxp://www.halfsigma.com/2007/08/lucky-rich-peop.html#comment-78637584

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