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The Wall Street Journal: The more cash people have, the happier they are

WSJ interview with Joe Gladstone, a PhD researcher at Cambridge Judge Business School, about research into money and happiness. Joe co-authored a study that found having more money in their bank account makes people happy. Another study shows that spending money on something people like will make them happier. “Lots of research out there assumes that a single rule will tell all of us what will make us happy. But people are different, so we wanted to take the research to the next level and look at how different kinds of people can maximize their happiness.”

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