Posted on 11/16/2022 7:19:51 AM PST by devane617
A team of researchers at the University of British Columbia, working with two wealthy donors has found that transferring money from rich people to poor people can increase the level of happiness reported by the poor people who receive the money.
In their paper published in Proceedings of the National Academy of Sciences, the group describes experiments they conducted that involved transferring money from rich people to poor people in both rich and poor countries.
There is an old proverb that says "you can't buy happiness." But that may not be true, at least for people living at the lowest levels of modern society. Also, for many years, people have debated the impact of money on levels of happiness. Some studies have shown that the rich are no happier than everyone else.
But what such studies sometimes overlook is the impact of an increase in money on people who can benefit the most—the poor. To measure this impact, the researchers enlisted the assistance of two wealthy donors who together donated $2 million to the study. Portions of that money were then distributed to subjects.
Two hundred people were given $10,000 each with the only stipulation that they report monthly on any changes in the level of happiness they experienced due to the sudden gift. Each was also asked to fill out a final report six months later.
(Excerpt) Read more at phys.org ...
WELL duh!...................
“The choice for mankind lies between freedom and happiness and for the great bulk of mankind, happiness is better.”
― George Orwell, 1984
And water is still wet.
People getting free money are happier? Stop the presses!
How much money transferred to the researchers for this no-brainer study?
And water is wet.
Gee, who woulda thunk?
While at the same time DECREASING the hapiness of the rightful owners of the cash.
It's called Marxism. Many wars have been fought and millions of lives have been lost over it.
My God, this study is genius. Give them a Nobel prize in economics!
Who designed this “study”? Third grade children?
And I’m sure tax money was used for this study.
Free money makes the recipients “happier?” Nawww.. really???
You beat me to it.
Studies also show Winning the lottery causes depression and personal destruction.
I thought it was the Bee too. It might be better to give the money to people than giving their money away to their climate change church.
“A team of researchers at the University of British Columbia, working with two wealthy donors has found that transferring money from rich people to poor people can increase the level of happiness reported by the poor people who receive the money.”
And this is EXACTLY why GenZ votes 90%+ for Democrats. GenZ should be renamed as the something for nothing generation.
And this eye-popping study cost how much government grant money???
Were they required to report 6 months AFTER the money ran out?
Likely not because their misery would have been worse.
Stupid study to get stupid people to feel better about themselves while being taxed down the equitable, happy level of “marginally poor”.
The happiness dissapears as soon as the cash does, then they want more.
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