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I'd caution against saying one study was "debunked" because another one disagrees with it. Later does not necessarily mean better. However, in this particular

I'd caution against saying one study was "debunked" because another one disagrees with it. Later does not necessarily mean better. However, in this particular case, the author of the $75k study (Daniel Kahneman, one of the founders of the field of behavioral economics) did an "adversarial collaboration" with the author of the later paper, and found that emotional well-being did continue to rise with income - except for the least happy 20% of people. https://www.pnas.org/doi/10.1073/pnas.2208661120 https://www.pnas.org/doi/10.1073/pnas.2208661120

ghaff 3y ago
That sort of makes intuitive sense. Some percentage of people have relationship problems that more money doesn't necessarily help past some point--or even worsens--personal and family health issues that money can only do so much to solve, etc. But especially in HCOL areas, it seems logical that something over $75K inflation-adjusted makes various life decisions and other things easier which would reasonably correlate to happiness at some level. But which is presumably a decreasing utility function at some point for most people.