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552: Will Storr | Understanding Social Position and the Status Game
The Jordan Harbinger Show
How Much Money Makes You Happy?
Attaining higher pay doesn't necessarily bring more happiness or improve the quality of life, as observed among lawyers on Wall Street. The constant pursuit of more money and status leads to distress, anxiety, and unhappiness, as evidenced by high rates of mental ill health, cocaine addiction, and divorce among successful lawyers. Competitive nature and the need for status drive individuals into a never-ending game of striving for more, despite the lack of substantial improvements in quality of life or happiness.
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