re: #266 Absalom, Absalom, Obdicut

I think the closest the study goes to validating the old adage is that the relationship of happiness to income is based on a logarithmic scale, that increases from $1000 to $2000 per year carries the same incremental increase in happiness as from $10K to $20K. That there is a law of diminishing returns and that a more equitable income distribution would make far more people far happier.