Can We Spend Our Way to Happiness? - Exploring Money and Well-being

Explore the complex relationship between money and happiness in this thought-provoking 49-minute talk from The Aspen Institute. Delve into fascinating research findings that challenge common assumptions about luxury purchases, advertising, and local experiences. Discover how to reshape your perspective on spending for greater fulfillment as behavioral economist Robert Frank and psychology professor Elizabeth Dunn discuss their insights from books like "Luxury Fever" and "Happy Money." Learn about the connections between income, civic benefits, and well-being, and examine topics such as adaptation, social media's impact, and the role of frugality in contentment. Gain valuable insights on how to make more satisfying financial decisions and understand the interplay between risk-taking and happiness.

Intro
Income vs Happiness
Sex and Happiness
Civic Benefits and Happiness
A Thought Experiment
Adaptation
Experiences
Working definition
Commercials and happiness
Social media and happiness
Buying your way out
Frugality and happiness
Delivering benefits to employees
Risk and happiness