Angus Deaton's badly misunderstood paper on whether happiness peaks at $75,000, explained - Deepstash
Harnessing Blockchain Technology

Learn more about books with this collection

Understanding the basics of blockchain technology

The benefits and challenges of using blockchain

The future of blockchain technology

Happiness peaks or levels off beyond $75k income? Wrong!

Happiness peaks or levels off beyond $75k income? Wrong!

This often bandied about claim (http://content.time.com/time/magazine/article/0,9171,2019628,00.html), that happiness maxes out at $75k/year is due to a shallow and wrong reading of the research (https://www.pnas.org/content/107/38/16489.full).

Actually, life satisfaction keeps improving with income, with no limit.

Even emotional wellbeing doesn't always peak at $75k - it depends on local cost of living (https://medium.com/financial-strategy/the-dirty-little-secret-about-money-168edd36a2ee).

1

5 reads

IDEAS CURATED BY

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates