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The definition of happiness is subjective of course, but I think a better "synonym" here would be the word prosperity. People do optimize prosperity, and prosp
by fein 4y ago
The definition of happiness is subjective of course, but I think a better "synonym" here would be the word prosperity.
People do optimize prosperity, and prosperity generally leads to happiness.
- mlyle 4y ago> People do optimize prosperity, and prosperity generally leads to happiness. It's well correlated up to a certain level of wealth / income, and then only very loosely correlated.
- fein 4y agoI would chalk that up to a mental illness at that point.
- mlyle 4y agoI'm not sure what you mean-- pursuing income past the point of clear correlation? The leveling out is around $75k of annual income. Most of us here have optimized income beyond that point.
- elteto 4y agoNot saying that the overall idea is wrong but that figure is way too low currently for most large metro areas in the US. And below poverty level in others. With $75k and a family of two kids you are not going to be saving much for retirement, if anything. Medical bills can completely bankrupt you in an instant. You can’t just pick any restaurant you want without doing some research on price first. You can’t afford much of a vacation anywhere either, except perhaps taking the kids to Disneyland once a year.
- HeyImAlex 4y agoThat study was published in 2010, so adjusted for inflation it’s more like 100k.