Summary of How to Buy Happiness

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How to Buy Happiness summary
Conventional wisdom says that money can’t buy happiness. Is that theory misguided?


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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.


“Religions and self-help books” teach that money can’t buy happiness. But could that message be erroneous? In a
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About the Speaker

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

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  • Book

    Elizabeth Dunn and Michael Norton

    Wall Street Journal Books, 2014


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