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Mohammad Mohammadipour

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Can Money Buy Happiness?

Maybe more cash does make people happier. Especially salient are analyses done by University of Pennsylvania economists Daniel Sacks, Betsey Stevenson, and Justin Wolfers. In their updated 2010 study, “Subjective Well-Being, Income, Economic Development and Growth,” the three compare subjective well-being survey data from 140 countries with those countries' income and economic growth rates. The researchers find that within individual countries richer people are happier than poorer; people in richer countries are happier than people in poorer countries; and over time increased economic growth leads to increased happiness. “These results together suggest that measured subjective well-being grows hand in hand with material living standards,” they conclude..

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  • Jan 28 2013: Money can buy excitement or satisfaction.
    It may give you good feelings.
    It may make you obsessed with it.
    It may make you mean or a coward.
    Even if it doesn't buy you happiness, quite often you can't help pursuing it.

    Money.... it's also overrated.

    Can money buy happiness?
    I have no idea.

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