Happiness And Wealth

Wednesday, August 18, 2010 - 01:42 in Mathematics & Economics

Does money make you happy?  Economists think so - the concept of 'utility' assumes that economic activity represents people consuming in ways that best supports their happiness.  And yet, high sales of Backstreet Boys CDs prove that this cannot be true.  What's going on here?Happiness is a difficult thing to study scientifically read more

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