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.
Dwight R. Lee is a Research Fellow at the Independent Institute and Affiliated Visiting Faculty Fellow in the Institute for the Study of Political Economy in the Miller College of Business at Ball State University.
EconomistsEconomyFree Market EconomicsGovernment and PoliticsPhilosophy and ReligionPublic ChoiceTaxes
Other Independent Review articles by Dwight R. Lee
Summer 2023 Fiscal Recklessness, Path Dependence, and Expressive Voting
Summer 2019 The Fifth Risk: Undoing Democracy
Spring 2019 The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture
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