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Cash really does purchase happiness, says Nobel prize-winning economist



Individuals on excessive incomes can nonetheless get happier with more cash

Colin Anderson/Mix Photos LLC/Getty Photos

For most individuals within the US, more cash does appear to extend their happiness – even at incomes above $75,000 a 12 months.

This discovering contradicts a extensively publicised examine from 2010 by Nobel prize-winning economists Daniel Kahneman and Angus Deaton at Princeton College. Their analysis was primarily based on survey knowledge from 1000 individuals within the US who had been surveyed day by day between 2008 and 2009 about their ranges of happiness.

It discovered that the more cash somebody makes, the happier …

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