Some new arguments for higher taxes and government spending rest on the claim, supposedly established by empirical studies and by Adam Smith, that money doesnt buy happiness. In reality, however, more wealth does increase human happiness, if only temporarily.
Read the Full Article
(PDF, 16 pages)
|Other Independent Review articles by Dwight R. Lee|
|Spring 2015||Making the Case against Price Gouging Laws|
|Summer 2014||The Two Moralities of the Minimum Wage|
|Fall 2012||Moderating the Dark Side of Emotional Morality with the Bright Side of Market Morality|
|[View All (10)]|