“As income rises, people’s time use does not appear to shift toward activities that are associated with improved affect.” We are so dumb
Show this thread
-
are you saying love of money is the root of all evil cus that's what i'm hearing
it’s amazing that markets work so well given that people seem to lack the basic ability to make beneficial hedonic tradeoffs
-
-
Take: people mostly aren't orienting to the hedonic dimension per se, but in relation to fear (which can include "fear of not getting to play/relax/enjoy"). So excess slack ($ or otherwise) doesn't get wisely spent OR invested, because fear-based thinking is myopic.
- 1 more reply
New conversation -
-
-
markets don't work for the individual, they work for the equilibrium!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.