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A comment on Money can buy happiness. Parent comment

Re:Money can buy happiness by pyduan on Sunday January 12, 2014 @02:15PM (#7047042)
Remember that both Easterlin's studies and the one in this article have been done in many countries and not just the US though. The $128k cap may seem limiting for the US but it is not for Nigeria or the other lower-income countries, yet they still show the same patterns.
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Re:Money can buy happiness by pedrosorio on Sunday January 12, 2014 @09:23PM (#7048505)
"The $128k cap may seem limiting for the US but it is not for Nigeria or the other lower-income countries, yet they still show the same patterns."

And that's why the cap for Nigeria is at $8k...

In fact, as someone else has commented: https://news.ycombinator.com/item?id=7047548

"According to the paper (page 13), they only look at incomes between the 10th and 90th percentiles. That's why they cut off at $128,000 for US residents"

In my opinion, ignoring data from the top 10% earners is the perfect way to get plots that seem to disprove a paradox that states "Become rich enough, and a bigger paycheque no longer leads to more happiness".

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