happy money
money can't buy happiness. everyone knows that. but are they related at all? seems like they are. ie lack of money can make a happy person unhappy. i propose a simple way to quantify happiness. it's equal to money divided by utility for money (which was defined last post). people have different utility functions for money. it's a subjective thing. a happy poor person has a low utility for money. whereas an unhappy rich person has a high utility for money. therapists make rich people happy by lowering their utility for money. religions do a similar thing with poor people. should we all have the same utility function? i don't think so. that would mean we should divide all wealth equally a la communism. which isn't as good at creating new wealth as capitalism.