Abundant Happiness

It’s known as the Easterlin Paradox.
Though rising wealth at early stages in the lives of individuals and countries fosters greater happiness, perpetually rising wealth does not make individuals or countries perpetually happier. At some point, economics Professor Richard Easterlin of the University of Pennsylvania and USC discovered, more wealth engenders less happiness.
This paradox may be best illustrated with U.S. data. Total U.S. household wealth exceeded $182 trillion at the end of 2025, up 466% from an inflation-adjusted $39 trillion in 1980. Yet in 1980, 82% of Americans described…
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