happiness

The Atlantic: The prevailing wisdom is that people who want the most happiness for their buck should buy experiences, not things. A recent study complicates that picture, suggesting that sweaters and iPhones might make you just as happy, in a way, as cruises and concerts do. There is a third type of happiness—momentary happiness—and it tends to last longer with material goods because people use them for more time than they typically experience their experiences for.

http://www.theatlantic.com/science/archive/2016/04/momentary-happiness-experiences-things/478443/

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