Does making more money make us happier? Turns out that once we have met a certain threshold of our needs, making more money does not increase happiness.
Chapter Index
00:00 | Intro
00:25 | Chapter Begins
14:57 | Outro
Figures
Figure 1.1: Google Insights comparison of the search terms ‘economy’, ‘happiness’ and ‘GDP’ between 2008 and 2011.
Figure 1.2: Comparing ‘happiness’ and ‘growth’ over time with n-grams. Courtesy of Google.
Figure 1.3: GDP, economic growth, and happiness from 1940 to 2008. Courtesy of Google.
References
Quantitative Analysis of Culture Using Millions of Digitized Books, Jean-Baptiste Michel, Yuan Kui Shen, Aviva Presser Aiden, Adrian Veres, Matthew K. Gray, William Brockman, The Google Books Team, Joseph P. Pickett, Dale Hoiberg, Dan Clancy, Peter Norvig, Jon Orwant, Steven Pinker, Martin A. Nowak, and Erez Lieberman Aiden, 2010. Science.
http://www.sciencemag.org/content/early/2010/12/15/science.1199644Does Economic Growth Improve the Human Lot? Some Empirical Evidence, Richard A. Easterlin, 1974. University of Pennsylvania.
http://graphics8.nytimes.com/2008/04/16/business/Easterlin1974.pdfThe happiness-income paradox revisited, Richard A. Easterlin, Laura Angelescu McVey, Malgorzata Switek, Onnicha Sawangfa, and Jacqueline Smith Zweig, 2010. Proceedings of the National Academy of Sciences.
http://www.pnas.org/cgi/doi/10.1073/pnas.1015962107Money Doesn’t Make People Happy, 2006. Forbes.
http://www.forbes.com/2006/02/11/tim-harford-money_cz_th_money06_0214harford.htmlPsychology 110 Lecture 20 – The Good Life: Happiness, Prof. Paul Bloom. Yale University.
http://oyc.yale.edu/psychology/psyc-110/lecture-20Attributions
Chapter Text and comment section: Chapter 13: Growth and Happiness | Robots Will Steal Your Job, But That’s OKTheme song: The Freeharmonic Orchestra – RoboHoboAlbum art adapted by: Redd SpinksCopyright
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