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...that makes sense: money buys you things that make life easier and more satisfying; the easier your life, the happier you tend to be. That relationship isn't entirely linear, since there's a limit to how much wealth can please you; the happiness benefit of an increasing income is especially powerful among people who don't have much money to start with, and diminishes as wealth increases. But studies also reveal that as average income levels have risen over time - in the U.S. and European nations, for example - residents of those countries have not reported being any happier than...

Author: /time Magazine | Title: Study: Money Isn't Everything — But Status Is! | 3/23/2010 | See Source »

...understand why, researchers at the University of Warwick and Cardiff University decided to break down how individual people evaluate their income. What does wealth mean to people? Previous work has suggested that people tend to value their own wealth more - and are happier - when it compares favorably to everyone else's. The so-called reference-income hypothesis holds that it's not simply how much money you make that contributes to satisfaction, but how much more money you make than, say, the national average. The higher your salary than the norm, the happier you tend to be. That could explain...

Author: /time Magazine | Title: Study: Money Isn't Everything — But Status Is! | 3/23/2010 | See Source »

...reference-income hypothesis is rather abstract. The researchers wondered whether there was a more nuanced way to capture how people valued their income. They reasoned that people tend to make specific comparisons of personal wealth, not only with the average income of the larger population, but with the individual incomes of their neighbors, colleagues at work or friends from college. And the higher their rank, the greater their sense of happiness and self-worth would likely be. "For example, people might care about whether they are the second most highly paid person, or the eighth most highly paid person...

Author: /time Magazine | Title: Study: Money Isn't Everything — But Status Is! | 3/23/2010 | See Source »

...takes full advantage of the opportunity to have fun. Owens’s sturdy, firmly rooted rendition of the aria “Es gibt ein Reich” (“There is a Kingdom”) bolsters a part of the opera-within-an-opera that can tend to drag (which, to be fair, might simply have been the result of Strauss emulating the less-skilled idiom of a younger composer). It punches the same heights that Gilmore’s “Noch glaub’ ich dem einen ganz mich gehörend?...

Author: By Spencer B.L. Lenfield, CONTRIBUTING WRITER | Title: BLO Injects Rock Attitude into 'Ariadne' | 3/23/2010 | See Source »

...really close team, which is odd seeing as we have about 40 players. Next year, we’re hoping to come out strong again. I would love to really see another high-performing relay or two and send more swimmers to NCAAs. Our girls tend to be outstanding students, and there’s nothing to stop them from being just as outstanding athletes...

Author: By Aparajita Tripathi, CONTRIBUTING WRITER | Title: Clarke Named All-American at NCAA Championships | 3/22/2010 | See Source »

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