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.