Money

“Will work for food.” Scrawled on a piece of cardboard those words are a painful reminder of life’s fragility. They also pluck a deep chord in our psyche, because they reduce life to our most fundamental and oldest needs. The sentiment behind those poignant words can be traced all the More

Martin Seligman and I, as well as many others, have now collected a substantial amount of data on the relation of money and well-being, but these data are often misunderstood. Below I clarify some of the conclusions from this area of study, many of which were presented in the July More