That's not true. The returns in happiness are just logarithmic with respect to income (diminishing returns but still positive at each level). The story about no

That's not true. The returns in happiness are just logarithmic with respect to income (diminishing returns but still positive at each level). The story about no benefit beyond a certain threshold was generated by journalists misreading the plots in those studies. See, eg, http://www.neweconomics.org/blog/entry/the-truth-about-money-and-happiness http://www.neweconomics.org/blog/entry/the-truth-about-money....