Maybe Money Does Buy Happiness After All

New York Times by David Leonhardt | Apr. 16, 2008 (Review)

The paradox quickly became a social science classic, cited in academic journals and the popular media. It tapped into a near-spiritual human instinct to believe that money can't buy happiness. As a 2006 headline in The Financial Times said, "The Hippies Were Right All Along About Happiness."

But now the Easterlin paradox is under attack.

Last week, at the Brookings Institution in Washington, two young economists -- from the University of ... Full Story »

Posted by Leo Romero

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Subjects: World, U.S., Business, Sci/Tech, Health
Topics: Global Economy, U.S. Economy, Psychology
Member Tags: psyhology studies
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Posted by: Posted by Leo Romero - Apr 16, 2008 - 6:09 AM PDT
Reviewed by: Leo Romero (review), Kyra Troyan (review), Angyl Bender (review)
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Related Comments: Global Economy (2)

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Leo Romero
4.0
 by Leo Romero - Oct. 1, 2008
Leo posted this story.
See Full Review » (1 answer)
Kyra Troyan
3.0
 by Kyra Troyan - Oct. 1, 2008

I like that the reporter bothered to track down subject matter experts in the field. So often the media takes a miniscule percentage difference between 20 rich Yalie undergrads and makes it seem like that study has the answer to life, universe & everything. This seemed a reasonable consideration of a long held theory. It discussed possible problems with the original theory, with the polling and in general seemed a very well rounded discussion of the issue at hand. As the writer points out there are many variable (how you phrase a question, the cultural issues, relative vs. absolute measures, etc. etc.) I'd much rather read a consideration of the issue like this than some "fluff" piece announcing "money CAN buy happiness" ... More »

See Full Review » (6 answers)
Angyl Bender
3.5
 by Angyl Bender - Oct. 1, 2008
See Full Review » (9 answers)

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