It’s About Sex, Again: Happiness and “Keeping up with the Joneses”


In a Harvard experiment, students were asked whether they would choose an income of $50,000 per year in an environment where everybody else earns $25,000, or if they'd rather earn $100,000 while other people earn $200,000. Most students chose the first option. This phenomenon, which shows that we compare ourselves to others – and not […]

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