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Dan Ariely and his team has done some great work on the "happiness" meme, and they generally support the popular notion that there are massively diminishing ret
by tommynicholas 10y ago
Dan Ariely and his team has done some great work on the "happiness" meme, and they generally support the popular notion that there are massively diminishing returns to accruing wealth. Yes, (as this post shows) happiness does continue to increase as you accrue wealth, but there are other things that you can do - including giving money AWAY - whose returns on happiness and satisfaction do not diminish. The point is, if you take a long view on life and what to focus on, getting to a certain level of financial stability should take a high priority, but becoming incredibly wealthy should not.