Trying to determine the connection between money and happiness, scholars are looking at what we earn and what we buy.
When Does Money Make Us Feel Good?
In 1974, a University of Pennsylvania economist concluded that there was a happiness plateau. Yes, we feel increasingly good as our income grows. But not beyond $75,000. Called the Easterlin Paradox, even if your earnings continue upward, they don’t bring…
The Ups and Downs of Global Beer Consumption
Your beer consumption can depend on where you live, whether you prefer wine, your country’s traditions, and your income.
Who Is Likely to Live Alone?
For reasons that range from feminism to technology to urbanization, living alone in the United States has become increasingly typical.
How to Measure the Size of Our Cultural Divide
We can judge the size of our cultural divide by identifying the TV shows we watch, the magazines we read, and the movies we see.
Will Money Make You Happy?
While it is tough to do happiness studies, the economists that keep trying have begun to conclude that money could indeed relate to our life satisfaction.
Weekly Roundup: From Smart Cars to Dumb Laws
This week’s economic news summary includes work week tradeoffs in France, new labor laws for the gig economy, and why price tags are disappearing.
Why It’s Tough to Place the Poverty Line
Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.
Weekly Roundup: From Overbooked Flights to Immigration Fallacies
This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.