Well, everybody, it appears that capitalism is the answer to all problems! Okay, well, not really, but a new economic analysis authored by Betsey Stevenson and Just Wolfers has found one basic, straightforward conclusion: More money makes you happier, and you can never have too much of it. The old belief, that you can in fact have too much money, is challenged by this new, groundbreaking analysis.
Instead of reaching a “satiation point” with your income, i.e. the point where your money becomes your worst enemy instead of best friend, this study found that households that become wealthier become happier, with no satiation point beyond which everyone starts maniacally accusing their siblings of trying to steal the family fortune on a coke high after snorting their inheritance up their noses. When the analysis was applied to entire countries, researchers found that wealthier countries (in terms of GDP per capita) were also happier when they were richer.
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