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Highlights: #183 – Spencer Greenberg on causation without correlation, money and happiness, lightgassing, hype vs value, and more
Mar 29, 2024
Spencer Greenberg discusses causation without correlation, money and happiness, hype vs value, and more. Topics include balancing hype and value for success, recognizing acclimated problems, exploring values in decision-making, and supporting individuals with false perceptions or delusions.
21:06
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Quick takeaways
- Doubling income leads to consistent well-being increase, challenging previous income threshold plateau findings.
- Distinguishing between hype and value aids decision-making and understanding product success dynamics.
Deep dives
The Relationship Between Income and Well-Being
Research shows a logarithmic relationship between income and well-being, with each doubling of income resulting in a consistent increase in well-being. Initial studies indicated a plateau in well-being beyond a certain income threshold, causing confusion. A subsequent study challenged this, revealing that well-being continues to increase logarithmically. The disparity in findings prompted a collaborative effort between researchers to resolve the differing conclusions.
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