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Proof That Money Does in Fact Buy Happiness

They say money cant buy happiness, but a new study suggests it actually can. In fact, the more money you have, the happier you are.That might sound obvious to some people, but studies have historically shown theres more to happiness than money. In the 1970s, economist Richard Easterlin argued that increasing average income did not raise average well-being, a claim that became known as the Easterlin Paradox.

via Proof that money does in fact buy happiness – The Term Sheet: Fortunes deals blogTerm Sheet.

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