Thursday, September 29, 2011

Does $ Buy Happiness?

Economics of Happiness
 According to Justin Wolfers, as you get richer, you become happier than poorer people. He offered as evidence different graphs of a range of countries, and there was a strong correlation between higher income and amount of happiness. Still, there is the Easterlin Paradox to consider where richer societies as a whole are not higher than poorer societies as a whole. In comparison, Cornell professor NAME explained that the human brain is not evolved to be happy all the time, that rather, happiness is a fleeting sensation. To survive, we seek happiness but are consistently uncomfortable, angry, upset etc. to better our situation.
Both experts offered important points, but like one of the audience members, I am doubtful that happiness is such a broad emotion. As an anthropology minor, I have a basic understanding that we cannot help but have a cultural bias; is it possible that we could have skewed the results? In any case, I think it's a bitter fact that we don't want to swallow that our lives would indeed be filled with more happiness if we had more money in our pockets.

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