Does how much money your friends and neighbors make reduce your happiness?

Original source: SimoleonSense.com .

I’m not entirely sure about the scientific methods used to reject the null…let me know what you think.

Bakadesuyo strikes again…

Do other peoples’ incomes reduce the happiness which people in advanced countries experience from any given income? And does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many decades? The answer to both questions is ‘Yes’.

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