4 ms·
> a linear association between happiness and Log(income) implies that the marginal utility of additional dollars diminishes exponentially, though never mathemat
by Nevermark 3mo ago
> a linear association between happiness and Log(income) implies that the marginal utility of additional dollars diminishes exponentially, though never mathematically plateaus
And income (or wealth increase) can go up exponentially with wealth, so hitting the point where wealth just grows = linear increases in happiness relative to time?