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MONEY TALKS

A study finds that financial inducements boost smokers’ quit rate. Credit: Univ. of Pennsylvania/NEJM

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  • Some people choose a career based on earning potential with little regard for the work’s purpose, meaning or enjoyment — this is a huge mistake, since it leaves career satisfaction to blind luck. Money makes the world turn; it is the unfortunate truth of modern human existence. Money, as the saying goes, doesn’t necessarily buy you happiness, although anthropologists have said on numerous occasions that the way money works is not dissimilar to magic in other cultures. Well, it does buy it for some – more rich people report being happy than poor people. Middle class income earners also are less happy, though they earn sufficient income. This is called the Easterlin paradox, for the economist who first published this information. It basically states that in industrial nations with relatively high incomes more people are unhappy than in poor nations. There’s an idea that industrialized nations have more dissatisfaction in daily life due to a lack of connection with others, which is something thatmoney can't cure.

    Click here to read more: [Link was removed]
    Roy  Eden Roy Eden
    May. 14, 2009 at 5:56am
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