Summary of How to Buy Happiness

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How to Buy Happiness summary
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Rating

8 Overall

8 Applicability

8 Innovation

6 Style


Recommendation

Everyone has heard the cliché that money can’t buy happiness. But could that age-old platitude be misguided? According to social science researcher Michael Norton, if you spend it correctly, money can buy you happiness. His fresh perspective turns a timeworn bromide on its head. Norton is a smooth and practiced speaker. Though his arguments are repetitive, he convincingly asserts the pervasiveness of his findings. getAbstract recommends this talk to forgers of social policy and anyone seeking a way to step off the hedonic treadmill.

In this summary, you will learn

  • What conventional wisdom says about the relationship between money and happiness and
  • How to spend your money correctly to increase your happiness.
 

About the Speaker

Michael Norton is an associate professor of business administration at the Harvard Business School.

 

Summary

“Religions and self-help books” teach that money can’t buy happiness. But could that message be erroneous? In a CNN article featuring interviews with previous lottery winners, the respondents described...

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