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The opposite arrow of causation is bigger. Wealthy individuals make a choice over the long term to either draw income from their business to spend on luxury, o
by tlb 13y ago
The opposite arrow of causation is bigger.
Wealthy individuals make a choice over the long term to either draw income from their business to spend on luxury, or leave it in the business to grow. Depressed people choose the former, optimistic & energetic people choose the latter. Thus high 'emotional well-being' causes lower incomes.