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Why do rich people say, “Money can’t buy happiness?”

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Can money really buy happiness!?

I always hated this question because it always came from people who already had money!

So we decided to look at data and see if we can get our answers there
We came across these all of these research papers
High income improves evaluation of life but not emotional well-being:https://www.princeton.edu/~deaton/downloads/deaton_kahneman_high_income_improves_evaluation_August2010.pdf
Lottery Winners and Accident Victims: Is Happiness Relative?: https://gwern.net/doc/psychology/1978-brickman.pdf
To do or to have? That is the question:https://pubmed.ncbi.nlm.nih.gov/14674824/

But all of them gave different results!, so I figured out the solution in a ECV framework!
Check out the framework in our video and let us know in the comments what do you think,
Can money buy happiness? 🤔

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