That’s interesting. Related, it tends to make things worse for your neighborshttps://www.bloomberg.com/news/articles/2018-05-29/keeping-up-with-the-joneses-neighbors-of-lottery-winners-are-more-likely-to-go-bankrupt …
Kind of crazy that “winning the lottery improves life satisfaction” goes against prevailing common wisdomhttps://twitter.com/robinhanson/status/1003631371347222530 …
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Telling ppl that anything above $75k/yr does not increase happiness works better to pacify the masses tho.
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Too bad it’s behind a paywall. Some things I wanted to look into… -Was that only Swedish lotteries? -What’s “large”? -Did they see effects varying with starting wealth? Lump sum vs installments? Post-win returns to bankruptcy?
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if you won the lottery that paywall would be nothin to you
End of conversation
New conversation -
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Yeah, but that's Sweden
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