Easterlin paradox

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Notion

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Science and technology

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What Wikipedia says

The Easterlin paradox is a finding in happiness economics formulated in 1974 by Richard Easterlin, then professor of economics at the University of Pennsylvania, and the first economist to study happiness data.

Excerpt from the Wikipedia article “Easterlin paradox”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Esteban Ortiz-Ospina and Max Roser, CC BY 4.0, via Wikimedia Commons.