Money, Happiness, Subjective Well Being & Sloppiness at The NY Times’

Money, Happiness, Subjective Well Being & Sloppiness at The NY Times’

One thing money doesn’t buy – poverty

Ellis Schwartz, my dad

Stipulating:

Money (the current currency) = goods and services, a store of value for eventual exchange for goods and services

Satis = etymologically is from the Latin ‘satis’ meaning ‘enough’

Happiness = etymologically from ‘happenstance’ meaning ‘by chance’

Well-being = etymologically well = “in a satisfactory manner, Old English wel “ abundantly, very, very much; indeed, to be sure; with good reason – while being = c. 1300, "existence,” “condition, state, circumstances; presence, fact of existing

New research suggests that more money really does lead to a more satisfying life

‘Money Really Does Lead to a More Satisfying Life’

by Justin Wolfers, NY Times

Columnist Wolfers fails to define money & satisfying let alone happiness accepting subjective well being as  assumptive metric basis’s for his conclusion even when citing studies.

Thus, is the metric of subjective well being a measure of palliation? Is one person’s degree of subjective well being – another person’s crying towel – akin to one man’s floor is another woman’s glass ceiling? Even taken in the aggregate of the measure of subjective well being - what does this measure other than subjective well being - not well being?

What is satisfaction per these studies?

How is happiness defined per these studies?

Once again, more and its more-on prophets for profit (a division of self esteem, happiness and participation trophies inc) put the pedal to the medal without any mettle.

Guess the fake news influenza at the Times has infected the Business and Personal Finance section first with just plain sloppiness.

Yes, money doesn’t buy poverty but does it buy undefined happiness, well being, satisfaction or depending on the level of wealth and income just more altered states requiring greater and greater dosages for palliation?

It’s a question of definition which Wolfers conveniently avoids especially given well being is ‘satisfactory existence’ per etymology (as satis is enough) his headline is More Satisfying Life – a contradiction in underlying terms (more vs enough).

Of course, legend has it when Rockefeller was asked what was ‘enough’ he said, ‘a little more.’

Maybe Wolfers is an ancestor.