No, but it makes it a hell of a lot easier.
Seems like you had a major endogeneity problem in your research too.
Stick it all in Northern Rock (I assume it's still guaranteed)
the items i bought with the money would bring the happyness
the items i bought with the money would bring the happyness
If you want to ignore all the research ever done on human happiness, go right ahead...but what REALLY makes people happy and motivated isn't goods and services, it's self-actualisation, being the best you possibly can be at everything you possibly can do. And money cannot, categorically, buy that.
no, it would be like a drug.
if you are a good happy person, it will be good.
if you are an unhappy person, then it will be bad.
The only thing that did the trick was going out with some old mates recently and having one of the best nights i've had in years. It made me realise the important things in life.
Maybe not having money sucks, but there are far more important and fulfilling things in life that money can't buy.
No they would not.
Scenario A:
You have a large country house, gated, with a 599 sitting outside. You have no friends, no-one in your phone book other than work associates, who do not like you particularly and would not want to associate with you in free time. You sit there all alone on a friday night watching SkyHD on a 10' Projection screen, feeling cabin feeverish, thinking maybe you could take the 599 for an anonymous drive round the block and back to your empty house again.
Scenario B:
You have a 3 bed semi in an average street shared with your other half whom you are very much in love with. You dont have much in the bank, but you have enough for a stack of beers and you have a good few mates coming over this evening, with perhaps their other halves. You all plan to have a damn good laugh, and perhaps pop out to a bar for some drinks later on.
I know which i would rather as a long term situation, assuming that in scenario A you have no chance of ever turning it around.
Love dies out, couples split up, friends lose contact, and yes, for some people money can buy those things.As has been discussed already several times - love, friendship - self actualisation. The things that money can't buy
And conversely there are people who are exceptionally well off and happy and people who have nothing and miserable.I know a few people who are exceptionally well off, and miserable, but I also know a couple of people who have nothing but couldn't be happier.
I looked into this as part of my dissertation last year and the answer was a resounding no. Instead of making people happier it often makes them less happy, because they focus their energies in gaining fulfillment from material goods and not looking for the truly worthwhile things in life - love, friendship etc.
I also found a study that stated a wage over £25,000 doesn't make the average person any happier, because that amount of money is enough to satisfy their basic needs with room for life's little indulgences now and then.