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#183 – Spencer Greenberg on causation without correlation, money and happiness, lightgassing, hype vs value, and more

80,000 Hours Podcast

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Diminishing Returns on Income and the Distinction Between Life Satisfaction and Well-being

Increasing income leads to higher happiness, but with diminishing returns over time. The debate shifts to the distinction between life satisfaction, which is an evaluation of one's life, and well-being, which refers to how good a person feels in the moment through questions about emotions and state of happiness.

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