Money Can't Buy Happiness. Yes It Can.

—By

| Fri Sep. 15, 2006 11:36 AM PDT

From Germany's Institute for the Study of Labor:

"One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between £1000 and £120,000 (that is, up to approximately U.S. $200,000). When compared to two control groups – one with no wins and the other with small wins – these individuals go on eventually to exhibit significantly better psychological health.

Get Mother Jones by Email - Free. Like what you're reading? Get the best of MoJo three times a week.

Advertisement

 

Photo Essays + Slideshows

kids smoking

Glamorous Photos of Kids Smoking

Frieke Janssens' images of kids and (fake!) cigarettes capture the ugliness and the not-quite-bygone glamour of smoking.

Slideshow: "Enjoy an Ice Cream Cone Shortly Before Lunch"

10 classic ads from the sugar and cereal industries.

Portraits of Addiction

A Manhattan banker shoots portraits of drug abuse, sex work, and homelessness in the Bronx.

Garry Winogrand, John F. Kennedy, Democratic National Convention, Los Angeles, 1

Never Before Seen Photos From Legendary Street Photographer Garry Winogrand

Fourteen amazing scenes of life in America—and hundreds more where that came from.

See All