What Science Says About Money and Happiness | Dr. Elizabeth Dunn

In this book, Elizabeth Dunn and Michael Norton explain how money can buy happiness if spent according to five core principles. These principles include buying experiences over material goods, making purchases a treat, buying time, paying now and consuming later, and investing in others. The authors draw on cutting-edge research in behavioral science to show how these principles can be applied by individuals and companies to create happier employees and customers. They also highlight how companies like Google, Pepsi, and Charmin have implemented these ideas successfully.

In 'Stumbling on Happiness,' Daniel Gilbert delves into the human capacity to imagine the future and why we are often poor at predicting what will make us happy. Gilbert argues that our imagination is flawed in several ways: it adds or removes details, extrapolates from the present, and fails to account for the psychological immune system that helps us cope with undesired outcomes. The book uses scientific research from psychology, cognitive neuroscience, and behavioral economics to explain why we consistently misjudge our future satisfaction and how this affects our decisions. Gilbert also suggests that understanding these biases can help us make better choices and gain more control over our pursuit of happiness.