When I was young I loved to watch Let’s Make a Deal. You know how this game show works. Monty Hall chooses someone from the audience and you’re given some entry-level prize, a TV or a wad of cash. But then Monty offers you the opportunity to trade for another prize—for what’s behind door number […]
Money
Money CAN Buy Happiness
“Money can’t buy happiness.” Turns out, it’s not so. Michael Norton, a professor at Harvard Business School, has done extensive research on money and happiness, and Norton says in fact money can buy happiness. It’s just that we usually spend on the wrong things. Norton’s team did a little experiment. They went to the University […]