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Shane Brykailo

U-Write 1104

Double Entry Journal

Citation: Diener, Ed, and Robert Biswas-Diener. "Chapter 6: Can Money Buy
Happiness?" Happiness: Unlocking the Mysteries of Psychological Wealth. Malden, MA: Blackwell,
2011. Print.

Source: Quote (Page# or Paragraph #) Responses

We thought about his question, and then I wonder what changed the minds of the
deleted his email. It was a bit like researchers. Ive thought the relationship
demanding a yes or no answer to the between money and happiness has always
question Is Chinese food better than been subjective, based on a person to person
Mexican food? pg. 160 case. But Im interested in seeing how these
guys try to quantify the relationship, and see
the path they take.

As the income gap between rich and poor The article mentioned how wealth distribution
widens daily, it makes sense to wonder has changed over history. In the past, wealth
which economic group- the rich or the poor was reserved for those deemed noble. Thus
is the greater inheritor of happiness? the vast majority of the common folk were
pg. 161 poor. I wonder if the association money has
with happiness is affected by how it is
distributed amongst the people. This reminds
me of the USSR vs. the USA during the cold
war. How did socialism compare against
capitalism relative to happiness?

It turns out that forty-seven This was the result I was expecting from this
of the forty-nine rich people who responded research. Reading the results, it makes sense
to Eds survey were satisfied with their lives, that its not money itself, but the ease it brings
significantly more than a control sample of to finical changes. Instead of being widely
average Americans taken from the same happier than the average person, the group
geographic locations. pg. 162 on average was much higher. I wonder what
the statistics for the non-rich resident were.

Indeed, the wealth of nations is one of the If the wealth of a nation is one of the best
strongest, if not the strongest, predictors of ways to predict the satisfaction of life, then
the life satisfaction in societies. Pg.163 wealth is directly related to how societies
interact. Its humbling to think of all the
guaranteed amenities offered by 1st world life.

When they were interviewed, the pool Ive seen losing friends due to lottery winning
winners in the study sometimes mentioned mentioned several times. This was also
problems that came with the money, such as considered to be one of the main factors that
losing a few of their old friends. Pg.164 contributed to dissatisfaction. Was this due to
the winners changing, or their friends
becoming manipulative.

Its easy to imagine that these So, this contradicts the theory that money is
people were miserable. The data showed, related to happiness. I now think that
instead, that they were slightly negative to happiness adjusts to a consistent
slightly positive on scales of life environment. Overtime habituation kicks in
satisfaction. Pg. 165 and returns the level of satisfaction to

Happiness= Attainments/Aspirations I was fairly surprised about how much this

Pg. 170 formula makes sense. It explains how the
lottery winner whos meager $3 million payout
cannot sustain their desires. Compared to the
3rd world leper whos only known that life, the
leper would score higher.

We spent months in Amish country pg. 171 I impressed at the lengths these researchers
went to gather information about happiness.
The variety of sources is impressive, from
poverty stricken nations to reclusive Amish.

As the industrialized world has become Looking at all the modern day convivence and
more affluent, the average level of materialism we have today, its easy to see
aspirations has also risen. Pg. 172 why some people become dissatisfied with
life. The American Dream has grown, with
people craving more and more.

Thus the merest hint of money led to a I wonder is professionalism is related to this
tendency for folks to feel confident, but also phenomenon. If people associate money with
to feel more distant from others. productivity, and anti-social behavior, then
exposing a group could have led to a better