Wednesday, January 12, 2005

Money = Happiness or Money /= Happiness?

Good posting by Curt Rosengren. This is actually Part 2 but he provides the links to Part 1 as well.

A teaser from his posting, he quotes:

"One reason we like to chase money and possessions is because of that temporary rush we get from landing them. But the thrill fades in what economist Richard Easterlin calls "hedonic adaptation and social comparison." In other words, once you get the goodies, they quickly become old hat and you want more."

How true! More is not enough. I am reminded of the posting I made last year of the speech by Tim Sanders "The War on Scarcity" where he says you need to define yourself by what you have not by what you lack.

What makes you happy? What you already have? Or more stuff?

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