Can money buy happiness?
Yes, if you spend it on other people, says Michael Norton, an associate professor at Harvard Business School. (H/t Busines...
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Most Americans realize that the U.S. has become more unequal over the past three decades or so. But it's unlikely that most Americans have a full grasp of the sheer magnitude of the change in the distribution of wealth since the end of the 1970.
That's why we buy knockoffs, isn't it? To polish our self-image--at half the price? But new research suggests that they may not work as magically as we'd like--and indeed may backfire.
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