Some new arguments for higher taxes and government spending rest on the claim, supposedly established by empirical studies and by Adam Smith, that money doesn’t buy happiness. In reality, however, more wealth does increase human happiness, if only temporarily.
Who Says Money Can’t Buy Happiness?
By Dwight R. Lee
This article
appeared in
the Winter 2005/06 issue of The Independent Review.
Download PDF
(16 pages)
EconomistsEconomyFree Market EconomicsGovernment and PoliticsPhilosophy and ReligionPublic ChoiceTaxes
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