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Does More $ = More Happy? with Sir Angus Deaton - ENCORE EPISODE
(Originally posted September, 2019...but so worth another listen) Princeton economist and Nobel laureate, Sir Angus Deaton co-authored a famous study concluding that well-being peaks at $75k/year in income. But the results of this research are widely misconstrued and go much deeper than that headline. The first question we wrestle with is "what does it mean to be happy?” We also get into health, opioids, and trout-fishing. A native of Edinburgh, Scotland, Angus Deaton earned his BA, MA, and PhD at Cambridge. Since 1983, he has been a member of the Economics faculty at Princeton University. He…
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