More Income and Happiness Research

From Princeton this time: Link between income and happiness is mainly an illusion. I thought this quote really captured the compromises we make without really thinking about how it will affect our well-being:

"In some cases, this focusing illusion may lead to a misallocation of time, from accepting lengthy commutes (which are among the worst moments of the day) to sacrificing time spent socializing (which are among the best moments of the day)."

Via Mutual Improvement, which looks to be warming up nicely.