Maybe Money Does Buy Happiness After All
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 ...
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