Stats Pr0n of the Day: Money Really Can Buy Happiness
Since the publication of the “Easterlin paradox” in 1974, researchers from around the globe have been trying to prove whether or not a person’s net worth correlates with how happy they are. In 2008, Betsey Stevenson and Justin Wolfers found a logarithmic correlation between one’s income and life satisfaction. The research duo published a new paper last month to reveal that this correlation has held up through recessions, with people in 25 countries reporting higher life satisfaction with higher pay.
According to this thing, we report higher satisfaction scores. Interesting