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was the work of Betsey Stevenson and Justin Wolfers part of the 60 studies you analyzed? they give pretty compelling evidence that the Easterlin paradox is not
by elsewhen 10y ago
was the work of Betsey Stevenson and Justin Wolfers part of the 60 studies you analyzed? they give pretty compelling evidence that the Easterlin paradox is not well-founded [0]. this seems to contradict your points claiming that money != happiness.
[0] http://www.nber.org/papers/w18992 http://www.nber.org/papers/w18992
- robertwiblin 10y agoI spent weeks doing a full review of the literature which is outlined in detail here: https://80000hours.org/articles/money-and-happiness/ https://80000hours.org/articles/money-and-happiness/. I largely agree with Stevenson and Wolfers and this article does too. One of their co-authors on this research endorsed our bottom line. Money does make you a bit happier, but most readers of HN are among the top 5% of income earners in the world, so it's not the top priority for them, on the margin. You can get more mileage by focussing on other things. I also think affective measures of welfare are more reliable than evaluative ones. But it's a huge issue that I had to write many thousands of words to cover properly, so check out the full article and see what you think.