People without much money are likely to value money more than time, and these people are also less likely to be happy. The original study http://journals.sagepub.com/doi/pdf/10.1177/1948550616649239 … attempts to control for this, but there are many reasons one might need extra money, making this difficult.
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Hopefully universal basic income can alleviate this...
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Seems possible that people who are already happier value their time whereas people who are less happy hope that money will make it better?
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