Super-Replicating False Belief: More money will make you Happier

The difference in happiness between Americans who earn $50,000 and those that earn $10,000 per year is significant. But the difference in happiness between Americans making $100,000 per year and $5 million per year is not significant. This has been proven in countless scientific studies.

So why do those making a decent income believe that more money will make them significantly happier? They have a super-replicating false belief. Continue Reading