Word: higher
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...others. If incomes grow consistently across the socioeconomic distribution, then we would not expect to see happiness grow much at all, save for those in the lowest earning bracket. Reinforcing the effect, as individuals gain wealth they often change social groups—and begin interacting with other higher earning individuals. Thus, as we gain wealth, the people we choose to compare ourselves against may also become wealthier, leading to little change in relative position...
...Paradox”, which states that those who seek happiness for their own benefit often find themselves disappointed, whereas those who seek to improve the well-being of others may have a greater likelihood of being happy themselves. Research shows that those who are altruistic and selfless often have higher levels of happiness. Psychologists Ed Diener and Pelin Kesebir write, “Happiness appears to bring out the best in humans, making them more social, more cooperative, and even more ethical.” These findings are consistent across multiple studies and environments. Moreover, according to Earley and Konow...
...across the globe. Of adults in the U.S., 50 percent participate in volunteer activities, doing the amount of labor in a year of what would otherwise amount to 5 million full-time jobs. While there are many reasons to volunteer, evidence from recent research suggests that volunteering actually causes higher, sustained happiness levels in individuals, even when controlling for other factors...
...from market imperfections reinforcing one another.“There has been a visceral reaction of many economists toward building market frictions or inefficiencies into their models—but that’s changing,” says outgoing economics chair James H. Stock, pointing to the significantly higher degree of difficulty involved in solving models that include the possibility of extremely unusual phenomena.Other economists may not be asking the right questions, even before reaching the stage of setting up models.The pressure on academic economists to publish prolifically, especially at the start of their careers, tends to encourage them...
...tempered by rest and fluids. But because the strain is new, people will likely not have immunity, making symptoms more severe. Campbell said that the illness is not “particularly serious” for the young and healthy, and according to the UHS Web site, those at higher risk include young children, the elderly, pregnant women, and adults and children with immunosuppression or certain chronic disorders. She said that the recent rash of illness was likely caused by increased person-to-person contact during the graduation period and noted that the patients presenting themselves for treatment have mostly...