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Devon Maloney

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Will $75,000 a Year Make You Happy?

Last fall, economist Angus Deaton won a Nobel prize for discovering that $75,000 was a magic number. Specifically, a magic salary: It’s the “happiness plateau,” his studies concluded, above which further increases will have minimal impact on a person’s day-to-day sense of well-being. When Deaton and psychologist...

Devon Maloney May 19, 2016
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