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Why ‘experience’ shoppers are happier
Minneapolis Post: Next time you pull out your wallet to hand over some of your hard-earned money, you’d be wise to spend it on experiences rather than possessions. For as research on happiness and spending
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Study: Income inequality may boost your ego
The Washington Post: A new study finds that countries with more income inequality tend to have more people who believe that they are better than average — a psychological phenomenon known as “self-enhancement.” The study
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Yes, It Is Possible To Be Happy With Spending Less
Business Insider: Increased consumer spending has become an obsession with the economic-recovery crowd. Such spending accounts for 70 percent of the U.S. economy, as measured by the gross domestic product, or GDP. Therefore, the thinking
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Can Money Buy Self-Esteem?
Scientific American: Sellers have long charged a premium for objects that confer some kind of social status, even if they offer few, if any, functional benefits over cheaper products. Designer sunglasses, $200,000 Swiss watches, and
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Study: Do men flash cash to find a mate?
USA Today: When women seem scarce, men may compete for them by being impulsive, saving less and borrowing more, according to a new study. “What we see in other animals is that when females are
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Searching for the real relationship between money and happiness
The Washington Post: Can money make you happy? An entire quantitative field of study, happiness economics, has grown up around that question. In reading the literature, I came to one inescapable conclusion: Happiness economics makes
