Name: How to buy happiness
Uploaded: 2012-04-24T15:17:33Z
Duration: 10 min 41 s
Description: At TEDxCambridge, Michael Norton shares fascinating research on how money can indeed buy happiness -- when you don't spend it on yourself. Listen for surprising data on the many ways pro-social spending can benefit you, your work, and (of course) other people.

At TEDxCambridge, Michael Norton shares fascinating research on how money can indeed buy happiness -- when you don't spend it on yourself. Listen for surprising data on the many ways pro-social spending can benefit you, your work, and (of course) other people.

Michael Norton: How to buy happiness

How to buy happiness

Spending money on others fosters happiness more effectively than purchasing for oneself, debunking the myth money can't buy happiness.

Data from worldwide Gallup polls reveals a universal correlation: charitable giving significantly boosts personal happiness levels.

Experiment with sales teams shows those encouraged to spend on teammates perform better, suggesting social spending enhances productivity.