The research Norton has conducted illustrating this phenomenon is dispiriting. In a paper published earlier this year, he and his collaborators asked more than 2,000 people who have net worths of at least $1 million (including many whose wealth far exceeded that threshold) how happy they were on a scale of 1 to 10, and then how much more money they would need to get to 10. “All the way up the income-wealth spectrum,” Norton told me, “basically everyone says [they’d need] two or three times as much" to be perfectly happy.
BS.
This is the study.
Two samples of more than 4,000 millionaires reveal two primary findings. First, only at high levels of wealth—in excess of $8 million (Study 1) and $10 million (Study 2)—are wealthier millionaires happier than millionaires with lower levels of wealth, though these differences are modest in magnitude. Second, controlling for total wealth, millionaires who have earned their wealth are moderately happier than those who inherited it. Taken together, these results suggest that, among millionaires, wealth may be likely to pay off in greater happiness only at very high levels of wealth, and when that wealth was earned rather than inherited.
https://www.hbs.edu/faculty/Pages/item.aspx?num=53540
Funny, it doesn't say what you think it does, does, it?
"While the sample sizes of our study are relatively large for this population – millionaires – we cannot be certain that they are representative of millionaires in general."
https://www.hbs.edu/faculty/Publication%20Files/donnelly%20zheng%20haisley%20norton_26bec744-c924-4a28-8439-5a74abe9c8da.pdf
Let me just say that if you have your health- you are rich already!
Now just think how many people we can make rich with a National Healthcare System!
Did you see where I went with that! LOL!
evince (12-05-2018), PoliTalker (12-06-2018)
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