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How Much Happier Would You Be If You Were Richer?

How Much Happier Would You Be If You Were Richer?
When
Tuesday, 29 Aug 2023, 06:00 PM–07:30 PM
Venue
Classroom 3-5, College of Integrative Studies, Level 3, Singapore Management University
Speaker Details

Nattavudh (Nick) Powdthavee

Nick Powdthavee Nattavudh (Nick) Powdthavee is Professor of Economics at Nanyang Technological University in Singapore. Prior to joining NTU in 2022, he was Professor of Behavioural Science at Warwick Business School. He has published widely on the topic of happiness economics in top social science journals, including the Journal of Public Economics, Economic Journal, Social Science & Medicine, and Psychological Science. He is also the author of The Happiness Equation: The Surprising Economics of Our Most Valuable Asset (Icon Book, UK) and a co-author of The Origins of Happiness: The Science of Well-Being over the Life-course (Princeton University Press). 
Series
Distinguished Speaker Series - Economics and Society
Open To
SMU Community, Public
Event Synopsis

We often think that money is synonymous with happiness. But is it? And if it is, how much happier would we be if we suddenly become richer over night? In this lecture, I will be talking about the empirical evidence surrounding the relationship between money and happiness. I will be talking about the roles of economic growth on the societal happiness, why money may not buy as much happiness for us as we would like to think, and whether there is a psychological explanation for our inability to accurate predict how happier we would be if we were richer.