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It explains our tendency as human beings to chase happiness, only to return back to our original emotional baseline after getting what we want.
We run on a hedonic treadmill, and get nowhere, despite exerting massive effort along the way.
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"Attaining lasting happiness requires that we enjoy the journey on our way toward a destination we deem valuable. Happiness is not about making it to the peak of the mountain nor is it about climbing aimlessly around the mountain; happiness is the experience of climbing toward the peak."
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