Happiness and Hedonic Adaptation (with Rob Smith)
Clearer Thinking with Spencer Greenberg
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Understanding Hedonic Adaptation
This chapter explores the concept of hedonic adaptation, illustrating how individuals often overestimate the long-term impact of material possessions on their happiness. The discussion emphasizes the diminishing returns of increased income on satisfaction and highlights the benefits of experiential purchases over material goods. Additionally, it examines the importance of ongoing personal growth and the evolving nature of human needs in maintaining sustained happiness.
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