The real take-away from this analysis is that increasing material wealth doesn't make us happier. This is kind of a problem because the entire orientation of American policy for the last century has been: more material wealth -> greater quality of life.
TFW you are cast into the Lake of Fire, but somehow still have to pay exorbitant rent.
Thomas F. Varley
Here’s the problem with saying things like “1998 was the best year”: the economy has grown over time.
This sounds like a pointless truism but it’s not. Wealth has all-but-monotonically increased for decades in the US. We don’t notice because of hedonic creep. But we’d certainly notice going back.
