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Wasn't the original paper not that happiness decreases after $75k but that you get diminishing returns drastically afterward? For example, more than 50% of bill
by devonkim 10y ago
Wasn't the original paper not that happiness decreases after $75k but that you get diminishing returns drastically afterward? For example, more than 50% of billionaires would be more satisfied with their lives while around 75k only about 42% would be and that at 35k it's 20%.
- tim333 10y agoYeah I think it's diminishing returns. Also the $75k depends on the living costs where you are. It'd probably be nearer $150k for the bay area http://www.huffingtonpost.com/2014/07/17/map-happiness-benchmark_n_5592194.html http://www.huffingtonpost.com/2014/07/17/map-happiness-bench...