“CAN MONEY BUY HAPPINESS?” (November 10, 2014)
Thus The Wall Street Journal today. “Here’s what science says,” elaborates the newspaper. “Studies say it’s true to some extent, but chances are you aren’t getting the most bang for your buck.” Apparently, it all depends on how people spend their money. Most of the article is dedicated to this delicate question. For instance, giving money away makes people a lot happier than lavishing it on themselves. Also, experiences are worth more than things. They do not provide only temporary happiness, as people usually think. But the main argument is that people quickly adapt to having more money. As a consequence, happiness quickly ebbs, as well. Increasing variety, novelty, or surprise can thus help people enjoy their possessions more. In spite of all of these ramifications, researchers find that people in rich countries are happier than people in poor countries. All in all, money can buy happiness, but only up to a point. And it takes some wisdom to squeeze more happiness out of the money in the pocket. Stunning findings, these. Absolutely stunning. Ah, where would we be without science?!