2124 - Money and Happiness: An Economist Looks at the Latest Research
It's an age-old question: "Can money buy happiness?" The Greek philosopher, Epictetus, said: "Wealth consists not in having great possessions but in having few wants." The classical economist, Adam Smith, opined that strivers may find that "wealth and greatness are mere trinkets of frivolous utility, no more adapted for procuring ease of body or tranquillity of mind than the ... lover of toys." Yet, Groucho Marx noted, "While money can't buy happiness, it certainly lets you choose your own form of misery."In these presentations, we'll explore the link between money and happiness seeking the wisdom of philosophers, theologians, and writers as well as modern science. What is "enough" money? Two Nobel economists have identified a "ceiling" of $75,000 in the United States. Can happiness be measured? One country introduced Gross National Happiness along with its GDP. Join us for a provocative look at this intriguing subject. Lecture (plus questions). Facilitated Discussion. Viewing Videos.
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