Posts Tagged ‘Justin Wolfers’

  • Monkeys, Economics and Happiness

    Sep 7, 12 • 447 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]

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    Children and Wealth

    Jul 24, 11 • 438 Views • No Comments

    More wealth seems to mean fewer children. Look at a graph of fertility in the U.S from 1800-1990. The birth line plunges. Consider India, China, South Korea, Singapore. As per capita GDP rises, births plummet. See this gapminder graph for rich countries and......  [read more]

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    Which College Majors Earn More?

    Jul 14, 11 • 305 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]

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    Money and Happiness

    Apr 26, 11 • 400 Views • No Comments

    It is possible, after all, that money can make us happy. A recent Brookings paper from 3 University of Pennsylvania researchers concluded that people experience greater “subjective well-being” or life satisfaction when they are more affluent.......  [read more]