Monday, July 03, 2006

Happy? Let's Sum It Up - LA Times
Midway into his career as a professor, USC's Richard Easterlin deduced something that seemed astonishing, at least for an economist: Money doesn't buy happiness...

...Things are looking up these days for Easterlin, 80, and the small but increasingly visible network of researchers relying on the so-called dismal science of economics to find the keys to happiness.

If earning more money generally does surprisingly little or even nothing to make societies happier, they wonder, what works better? Good health? Marriage? Sex? By one reckoning, boosting the frequency of sex in a marriage from once a month to once a week brings as much happiness as an extra $50,000 a year...

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