Friday, September 10, 2010

A NEW STUDY REVEALS MONEY CAN BUY HAPPINESS. SO WHAT ELSE IS NEW?

By OLIVENE GODFREY

A new study reveals money can buy happiness. So what else is new? This news was reported by Randolph E. Schmidt, AP Science writer,which appeared in my local paper last week. It reminded me of the philosopher who wrote that money can't buy happiness but be sure you have plenty of it before talking such nonsense. I agree with that. The study found that people's emotional well being--happiness- increases along with their income up to about $75,000. according to researchers report in last week's Proceedings of the National Academy of Sciences.

For folks making less than that, said Angus Deaton, an economist of the Center for Health and well-being at Princeton University, "Stuff is so in your face it's hard to be happy. It interferes with your enjoyment."

The researchers reported that things got better as income rose but the effect leveled out at $75,000, Deaton said. On the other hand, their overall sense of success or well-being continued to rise as their earnings grew beyond that point. Giving people more income beyond 75K is not going to do much for their daily mood...but it is going to make them feel they have a better life, Deaton said in an interview.

It isn't surprisingly, someone who moves from a $100,000
a year job to one paying $200,000 realizes an improved sense of success. Deaton said, that doesn't necessarily mean they're happier day to day.
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I can't go to movie theatres now as I have trouble sitting for that long but I still enjoy seeing movies at home. Last weekend, son Barry found a movie I had been wanting to see after going to three stores in Dalton. The movie, "Crazy Heart"'s main character, Bad Blake, played by Jeff Bridges, is based on a combination of Waylon Jennings, Kris Kristofferson and Merle Haggard. Bridges earned the 2009 Academy Award for Best Actor for performance in the film. And I think he deserved the Oscar.
Stephanie Zacharek, in an excellent review of the movie, wrote that "Bridges may be acting, but he always makes it look like living."

See you next time.

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