re: #262 klys and whatnot

That article also notes, however, that increases in earnings past $75,000 a year do not seem to add additional happiness.

No, read it again. The study says that’s a widely held misconception, that happiness continues to increase at the same rate with each doubling of income.

And while we can all agree that desperate poverty is hideous, there is a broadly held view that after a certain level of income (around $75,000, say), more money doesn’t buy more well-being.

But it’s just not so. Economists Betsey Stevenson and Justin Wolfers have been arguing for years that, yes, richer families tend to be happier, and no, there is not an automatic cut-off point.

See.

I know my definition of rich is slightly warped (I generally require at least $750k in income yearly, and really rich is enough income independent of work to satisfy most desires), but even by normal people standards that’s not unreachable.

$750k isn’t unreachable by “normal people standards.” Really? That’s 98th percentile of married couples, 99.5% for single filers. That’s, by definition, out of reach for the vast majority of the populace.