[wiseowise]

> And yet, how many people are actually happier with that extra $500k?

A hella lot people, are you seriously that dense? If there were gladiator fights for 500k, I would be a fucking janitor cleaning up the bloody mess, because of how many people would die for a chance to make 500k extra.

[saghm]

I think you're overestimating how much making $800k versus $300k would actually make most people happier. You're welcome to disagree with me, but there's plenty of research indicating this might be the case (from a quick Google for "happiness self reported by income" this is the first result: https://penntoday.upenn.edu/news/does-more-money-correlate-g...).

If you think that everyone is the would either agrees with you or is "dense" without doing any sort of cursory investigation on whether the alternate view might actually be common or supported by evidence, I'm honestly not really sure why you're bothering to engage in discussion in the first place.

[8n4vidtmkvmk]

The difference might not make an enormous difference in my day to day but it allows me to retire significantly earlier.

It might let me actually buy a house too. 300k is not enough to afford anything in bay area.

[wiseowise]

Here you go https://www.pnas.org/doi/10.1073/pnas.2208661120

[saghm]

> The main finding of our reanalysis of MK’s study is that the shape of the distribution of happiness changes—slightly, but systematically—as income rises. The same increases of income have different effects on the happy and on the unhappy regions of the distribution. In the low range of incomes, unhappy people gain more from increased income than happier people do. In other words, the bottom of the happiness distribution rises much faster than the top in that range of incomes. The trend is reversed for higher incomes, where very happy people gain much more from increased income than unhappy people do. The upper part of the happiness distribution rises with log(income) at an accelerated rate in that range, while the lower 20% is almost completely flat.

So it sounds like this study is saying people who are unhappy and have low income or are already happy and have high incomes will become a lot happier with more income. The lower end would be consistent with people are are unhappy because of the lack of income, and I don't think would apply very much to people one promotion away from a $500k raise. For the other end, it seems like it would be consistent that people who have high incomes and are happy might be just as likely to become happier from other things instead of more income; maybe they're just people who are naturally happy whenever something good happens regardless of what it is, and because they have high incomes, they don't need to worry about existential life issues most of the time.

In other words, none of this seems to heavily contradict what I said, other than the caveat that if you are already happy, you might still be happier with more income (but we don't know that you might be just as happy from getting a new hobby or spending more time with your family instead of getting promoted). Even without that caveat, it does not seem like your link is nearly enough to make a reasonable argument that I'm dense for happening to cite an effect from an article that, according to your link, was a valid result according to both of the authors.