Attention Economy


Tuesday, March 2, 2021

Money and Happiness - The Debate Continues



Does More Money Buy More Happiness?
https://reason.com/2020/09/02/more-money-does-buy-more-happiness/
 
Money Changes Everything
https://www.nytimes.com/2013/02/10/magazine/money-changes-everything.html
 
Are We Trading Our Happiness for Modern Comforts?
https://www.theatlantic.com/family/archive/2020/10/why-life-has-gotten-more-comfortable-less-happy/616807/
As society gets richer, people chase the wrong things. 
 
The money, job, marriage myth: are you happy yet?
https://www.theguardian.com/books/2019/jan/06/happiness-index-wellbeing-survey-uk-population-paul-dolan-happy-ever-after
Paul Dolan, Professor of Behavioral Science at the London School of Economics, notes:
“The stories around wealth and success, in particular, are social narratives that we can’t seem to get enough of. Now, it should be obvious that the absence of either of these two things can cause anxiety and misery. I will not suggest otherwise. The narratives suggest, however, that no matter how much we have of each, we are expected to be reaching for more. The assumption is that ever more happiness is achieved with ever more money and more markers of success. The trap comes from the fact that the happiness hit from adherence to these narratives gets ever smaller the further up the ladder you go and, eventually, can become reversed. To be happier we need to move from a culture of “more please” to one of “just enough”.”

Why So Many Smart People Aren’t Happy
http://www.theatlantic.com/business/archive/2016/04/why-so-many-smart-people-arent-happy/479832/
  “There are three things, once one’s basic needs are satisfied, that academic literature points to as the ingredients for happiness: having meaningful social relationships, being good at whatever it is one spends one’s days doing, and having the freedom to make life decisions independently.
But research into happiness has also yielded something a little less obvious: Being better educated, richer, or more accomplished doesn’t do much to predict whether someone will be happy. In fact, it might mean someone is less likely to be satisfied with life.”