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Can Money Buy Happiness? A Review of New Data

Everyone knows the adage “money can’t buy happiness,” although few of us seem to believe it. The best-known theory on this topic is that money actually can buy happiness, but only up to a point. This comes from a study by two Nobel Laureates, Daniel Kahneman and Angus Deaton (2010), which found...
Source: givingwhatwecan.org