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The distinction between INCOME and WEALTH here is important, a distinction which the title/thesis of this article ignores. The title implies that simply POSSES
by bake 13y ago
The distinction between INCOME and WEALTH here is important, a distinction which the title/thesis of this article ignores.
The title implies that simply POSSESSING money (wealth) is positively related to happiness, whereas the survey could only support the claim that EARNING money (income) is positively related to happiness.
I would argue that income is a much better proxy for the value a person creates in the world than is wealth (though both are deeply, deeply imperfect). I would much more readily believe a survey which implies 'people who believe they create more value in the world are more likely to be happy'.