... and that's quite 'nuff!
Posted on 05/03/2013 8:17:57 PM PDT by 2ndDivisionVet
It turns out, rich people are happier than poor people.
A new Brookings Institution paper finds that people who live in rich countries are more satisfied with their lives than those in poor countries, and rich people within individual countries are happier than their poor neighbors.
That old “money can’t buy happiness” chestnut, formally called Easternlin’s paradox by economists after an influential 1974 study that concluded rich nations are no happier than poor ones, is such an enduring myth because it holds a lot of appeal, said Justin Wolfers, one of the paper’s authors, a nonresident fellow at Brookings and professor of economics and public policy at the University of Michigan.
“I think it’s incredibly comforting to believe in it,” he said. “You can believe that people who live in grinding poverty… are just as happy as you are.”
Previously, some economists predicted that even if greater wealth meant greater happiness, it was only true up to a point. Once you reached a set point of satiation, extra money wouldn’t matter.
“People are good at making the best of what they have. The way we deal with our emotions is quite adaptive,” said Hal Hershfield, an assistant professor of marketing at New York University's Stern School of Business....
(Excerpt) Read more at lifeinc.today.com ...
... and that's quite 'nuff!
Money can’t buy happiness, but if you’re already miserable, your life will be a helluva lot easier.
To the Leftist mind, the idea that rich people are no happier than poor people must go away. Their narrative is “rich people are partying while the poor suffer”, so of course rich people must be happier than poor people. And unfairly so. And they need to pay their fair share, and you know the rest...
Regards,
bookmark
I saw that the other night. 90,000 square feet? WTH?
It’s one thing to answer a think-tank survey. It’s another thing to see these people react to the events of their lives on this planet. Riches grant no immunity to the unfairness of life. Let a rich person’s child contract some rare, incurable disease and see how fast the money gets burned thru. Riches provide options, not joy.
The one about "Happiness and Money"; Tell it to the bread line."
"Get Lucky", by Mark Knopfler
This is the bureaucratic state/ government workers with 3% unemployment gloating at the rest of us. F them.
Dunno but Biltmore is approx. 178,000 square feet...so they have a ways to go to beat that.
Money can’t buy happiness, but no money can’t buy squat.
“It seems the only ones who survive are those grounded in strong faith.”
Praise the Lord, that is so true! My day’s off to a good start. Thanks!
:^)
Good.
Then let's stop sending money we don't have to dictators in third world cess pits.
Especially those where the leadership and population hate our guts.
What are you saying, money makes you gay?
He was right.
At the risk of coming across like Chauncey Gardiner, freedom from want and economic worry, or even a cushion protecting you from it to an extent, creates room for happiness to grow and to spread, provided it’s already taken root. It’s not going to create it where none exists, though.
I could live with being miserable and rich, Money can’t buy happiness but... But it helps
Best line I EVER heard about this topic:
Money can’t buy you happiness, but, it DOES buy you ‘options’
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