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  • New Zealand Listener

    Low expectations

    Jan 15, 2024 2 minutes

    I have written previously about the price of happiness –about $125,000. Specifically, analysis of the (then) Ministry of Social Development’s Quality of Life Survey data showed that the relationship between income and wellbeing was stronger for quality of life than for happiness (a technical distinction for lay-folks, I suspect) and was steepest for people earning up to $65,000. Every thousand above that $65k produces diminishing

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