Why Money Makes You Unhappy

| No Comments | No TrackBacks
Why Money Makes You Unhappy | Wired Science | Wired.com

Money is surprisingly bad at making us happy. Once we escape the trap of poverty, levels of wealth have an extremely modest impact on levels of happiness, especially in developed countries. 

Even worse, it appears that the richest nation in history - 21st century America - is slowly getting less pleased with life... Needless to say, this data contradicts one of the central assumptions of modern society, which is that more money equals more pleasure....

But the statistical disconnect between money and happiness raises a fascinating question: Why doesn't money make us happy? One intriguing answer comes from a new study by psychologists at the University of Liege, published in Psychological Science. The scientists explore the "experience-stretching hypothesis," an idea first proposed by Daniel Gilbert.

No TrackBacks

TrackBack URL: http://www.engagingideas.net/mt/mt-tb.cgi/1011

Leave a comment

Pages

Powered by Movable Type 5.11

About this Entry

This page contains a single entry by webmaster published on July 23, 2010 11:26 AM.

The Narcissist was the previous entry in this blog.

The World's Happiest Countries is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.