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Does greater wealth lead to increased happiness?

  • The United States has seen economic growth since the 1990s, but measures of happiness have not improved at the same rate, according to a recent New York Times article.
  • The disconnect between wealth and happiness is attributed to the U.S.'s materialistic culture, which parallels Japan's decline in well-being.
  • Countries like Japan also experienced decreased well-being during economic prosperity, as discussed by Richard Kyte and Scott Rada.
  • Kyte highlighted that beyond meeting basic needs, wealth does not guarantee happiness, emphasizing the importance of relationships.
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Helena Independent Record broke the news in Helena, United States on Wednesday, February 19, 2025.
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