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Am I the only one who thinks 'household income' is a terrible measure for this? Isn't a single person making 60k/year living a more affluent lifestyle than a m
by yalurker 16y ago
Am I the only one who thinks 'household income' is a terrible measure for this? Isn't a single person making 60k/year living a more affluent lifestyle than a married couple at 75k?
Isn't it a huge confounding variable that they are using a single value for the money, but that may be for just a single person or shared among an entire family?
- noodle 16y agoi could've sworn that there was an article recently stating that $60k was the magical number for an individual, since you mention it. edit: its in this TED talk: http://www.ted.com/talks/daniel_kahneman_the_riddle_of_experience_vs_memory.html http://www.ted.com/talks/daniel_kahneman_the_riddle_of_exper... and we've talked about it before here: http://news.ycombinator.com/item?id=1381927 http://news.ycombinator.com/item?id=1381927