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by Xcelerate 3033 days ago
> I've seen it suggested elsewhere that there is no saturation point, it's just that the relationship is logarithmic, and truncated logarithmic datasets look asymptotic.

If it's truly a logarithmic relationship (rather than asymptotic), this would imply that billionaires are an order of magnitude happier than everyone else.

1 comments

The base of the logarithm does matter, but assuming base 10, a billionaire with an income of say $100M dollars would be 4 times happier than someone with $10k per year income which is pretty close to the floor in the US.
log(100,000,000) is 8

log(10,000) is 4

That doesn't seem to be 4 times as happy.