Whether or not money buys happiness remains a collective fixation—and many scholars endeavor to answer the question through countless studies. In a much-cited paper published in 2010, psychologist Daniel Kahneman and economist Angus Deaton determined that an individual’s life satisfaction improved as their income increased, but emotional wellbeing plateaued once a household achieved an income of $75,000 (equal to about $90,000 now). Around the same …
Researching The Theory That Money Can’t Buy Happiness
