Studies by economists show that money is directly related to happiness until it leads people out of abject poverty. Beyond that point, the marginal utility of money (towards increasing happiness) keeps decreasing. The happiness level of someone making $1 million versus $5million is not too different. This however does not stop people from mistakenly viewing money as a source of happiness, and wasting their lives in it's pursuit, but as Will Smith speculated in the film 'The pursuit of happyness', maybe the whole point of that phrase is that happiness is something to be pursued and never attained?
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The role of strategy in firms
My latest column for The Hindu Business Line explores the role of strategy in firms . Full text follows -- While there are many defini...
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My latest column for The Hindu Business Line explores the role of strategy in firms . Full text follows -- While there are many defini...
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Out of curiosity I did a comparison of brokerages across various providers of trading and demat accounts in India. Here are the findings: ...
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My favourite ad on television these days is the Nokia n-series ad. I cannot think of any other ad that communicates to it's target segm...
1 comment:
agree with you.happiness is like a butterfly, the more you pursue the more it will fly around.and if you leave it alone..the butterfly will sit quietly on your shoulder.
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