Posts Tagged ‘Easterlin Paradox’

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    Super Bowl Sibling Rivalry

    Feb 3, 13 • 247 Views • No Comments

    Can a sibling’s success add to your self-esteem? It depends. Sometimes you can feel better about yourself when your brother or sister does something fantastic. However, if your self-esteem relates to excelling at whatever your sibling does, then you...  [read more]

  • Monkeys, Economics and Happiness

    Sep 7, 12 • 222 Views • 1 Comment

    Behavioral economists might be able to explain our response to income inequality. In a paper on money and happiness, economist Richard Easterlin initially asks the reader how she feels if her income rises. Then he asks how she reacts when it stays the same....  [read more]

  • Salary Secrecy

    Aug 23, 12 • 223 Views • No Comments

    What happens when everyone knows how much you earn? A Boulder, Colorado firm, has voluntarily decided to let workers check a spreadsheet and see what others take home. One employee said she likes it, even when she discovers someone earns more. “I am...  [read more]

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    A Happiness Check

    Oct 9, 11 • 206 Views • No Comments

    The jobs, income and wealth scene is a bit bleak. Unemployment has soared, many workers are earning less, the government owes a ton of money, the stock market has been down, up, and down again, housing prices have plummeted and 25% of us have lost more than...  [read more]

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    Which College Majors Earn More?

    Jul 14, 11 • 171 Views • No Comments

    Although the unemployment rate is 9.2% for the entire labor force, it is 4.4% for college grads (and 10% for high school graduates, no college). But which college graduates earn more? It depends on your undergraduate major. Counseling psychology or petroleum...  [read more]