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July 27, 2006
Money doesn't buy happiness
Here is a link to a Washington post article that confirms what few people seem to know, that money doesn't buy happiness. Abstract: A wealth of data in recent decades has shown that once personal wealth exceeds about $12,000 a year, more money produces virtually no increase in life satisfaction. From 1958 to 1987, for example, income in Japan grew fivefold, but researchers could find no corresponding increase in happiness.Posted by phwl at July 27, 2006 05:00 PM