How Does Income Affect Well Being?

Two nobell prize winning cientists, dan yconomant and angus deaton teamed up to find out. They tested how annual salary in the us affects three different measures of well being. Conaman and deaton found that once you're earning an annual income of 75 thousand dollars, getting more doesn't help. You don't get less stressed or happy. Your well being just flat lines, even if you double or even quadruple your salary.