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The Handelot Times
Markets

Does money bring happiness: a neuroscience study says so

Does money bring happiness? What until recently was an unanswered question today seems to have found a scientific solution.

The Handelot Times Issue 46, August 2023 4 min read

Does money bring happiness? What until recently was an unanswered question today seems to have found a scientific solution.

Earning more makes everyone, or almost everyone, happier. To say it is a new neuroscience study published in 2023 in the Journal of the National Academy of Sciences.

The research stems from the collaboration of two researchers Daniel Kahneman, Nobel Prize for economics, and Matt Killingsworth, an expert in studies on happiness. The surprising thing is that they started from two different theses.

For Kahneman, the correlation between money and happiness was worth up to the amount of 100,000 euros; from then on, the two variables were separated; for Killingsworth, on the other hand, the ceiling of 100,000 euros did not exist, and as the annual income increased (equal to the sum of income and investment returns), the level of happiness always increased.

The rest of this article is in the magazine Continue in issue 46

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