CPI Bias and Happiness - Econlib
Sep 16, 2019 · CPI Bias is alive and well, so we’re materially much better off than we think. “There is no Great Stagnation” – say it non-ironically, as you should. On reflection, however, there is a shocking implication. Happiness researchers – yes, even Justin Wolfers! – have almost uniformly found little effect of income on happiness. If ...
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