Tag Archive: low income

  1. Does money buy happiness….or doesn’t it?

    Comments Off on Does money buy happiness….or doesn’t it?

    Many years ago, Richard Easterlin, a Professor of Economics at the University of Southern California, studied the relationship between happiness and money. He found that, over shorter periods of time, happiness and income tend to move in tandem. “Happiness tends to fall in economic contractions and rise in expansions.”

    (more…)