Health

News Flash: Money Does Buy Happiness

At least, economist Angus Deaton thinks so. But he also believes that a focus on happiness may do more harm than good, particularly in emerging countries.

April 10, 2008
Economist Angus Deaton thinks so -- or at least, money can buy you a more valued life. But he also believes a focus on happiness may do more harm than good, particularly in emerging countries. He also wonders if foreign aid -- both social and financial -- to emerging countries might be harmful. Read this very provocative conversation.
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