What’s the correlation between money and happiness?
A must read!!. - Ed.
Beyond a point, more money does not lead to more happiness, says survey, says Jay MacDonald
Wise men from Aristotle to The Beatles have observed that money can’t buy happiness, but what inquiring minds really want to know is: Why not?
After all, we’re constantly bombarded with evidence to the contrary, some of which must surely be true. The rich and famous seem to be fabulously happy as they scamper the globe in their private jets, acquiring real estate and adopting orphans, while we mere mortals simmer in rush-hour traffic just to keep food on the table. Heck, money and happiness even seem to go together better than love and marriage, which, statistically at least, continues to have the same success rate as a coin toss. But appearances can be deceiving.
According to a June 2006 study spearheaded by Princeton economist Alan Krueger and Nobel Prize-winning psychologist Daniel Kahneman, once you reach a certain income level, more money does not contribute significantly to well-being and may actually result in more stress and less bliss.
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v good article
Its good if you could post "off topic" articles like this once in a while. :-)
Posted by
Anonymous |
9:58 PM
Really impressive articles - Toughiee Keep posting and i also liked ur blogs too much.
Bharat Bagrecha
Posted by
Anonymous |
10:50 PM
whats your real name ?...what you do? where are you from ? ... You really have a good knowledge on this subject...and you post good articles.
thanks
Posted by
Anonymous |
3:38 AM
Hi,
Been reading ur posts 4 last couple of days. The once on Junjunwala was good. Also the current article made good reading.
This is more to do with the Marginal Utility coming into play.Also When U reach the higher strata U loose U grass roots.So probably the ppl on TOP lack the nourishment that is most needed to keep going!!
Probably thats is what made Gates& Watrren Buffet to give away there wealth for social causes.
Let the world share what I have got.
On Similar lines Bloggers brining to light Articles like this can also be attributed to this effect !!
Posted by
Pramod Abraham |
11:23 AM
Hey Toughiee:
This is excellent. Thanks a ton!!
Warm regards,
Kimi
Posted by
Anonymous |
3:48 PM
money cant buy happiness but money is always better than poverty if only for financial reasons :)
Posted by
J |
11:23 PM