Clearer Thinking with Spencer Greenberg cover image

Spencer on The 80,000 Hours Podcast discussing money & happiness and hype vs. value (with Rob Wiblin)

Clearer Thinking with Spencer Greenberg

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Diminishing Returns of Income for Unhappy Individuals

Unhappy individuals, particularly those in the bottom percentiles of happiness, experience a capping out effect when it comes to the benefits of increased income. It is speculated that factors contributing to their unhappiness, such as unhappy marriages, job dissatisfaction, genetic predispositions, or inherent personality traits, may be resistant to improvement with additional income. In contrast, cheerful individuals tend to find more ways to enhance their quality of life with increased income.

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