1min snip

Modern Wisdom cover image

#657 - Erik Angner - An Economist’s Guide To A Happy Life

Modern Wisdom

NOTE

The Relationship Between Money and Happiness

Giving more money to poor people tends to make them happier./nThere is ongoing debate about the effect of income on happiness for the very rich./nConsensus suggests that happiness increases with income, but at a decreasing rate./nDiminishing marginal returns apply to happiness as well as economics./nIncreasing income may require sacrificing leisure and personal relationships./nMaximizing income does not guarantee happiness and may not always be desirable.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode