We look at three studies on money and happiness to find out when money can buy happiness and when it doesn't.

Find the graphs mentioned in the full article by Michael Plant & Julian Hazell: https://www.givingwhatwecan.org/post/2021/06/can-money-buy-happiness-a-review-of-new-data/

Watch the video on our YouTube channel:
https://youtu.be/JLfKZCzkBDs

00:00 - Introduction
00:48 - Kahneman and Deaton study
01:18 - Killingsworth study
03:00 - Killingsworth reformatted
04:40 - Are you spending money right?
05:38 - Spending money on others
06:30 - Conclusion

STUDIES MENTIONED:
- Daniel Kahneman and Angus Deaton (2010): https://www.princeton.edu/~deaton/downloads/deaton_kahneman_high_income_improves_evaluation_August2010.pdf
- Matthew A. Killingsworth (2021): https://www.pnas.org/content/118/4/e2016976118
- Elizabeth W. Dunn, Daniel T. Gilbert, Timothy D. Wilson (2010): https://scholar.harvard.edu/files/danielgilbert/files/if-money-doesnt-make-you-happy.nov-12-20101.pdf
- Elizabeth W. Dunn, Lara B. Aknin, Michael I. Norton (2008): https://pubmed.ncbi.nlm.nih.gov/18356530/

Lesson: Can money buy happiness? A review of new data.