EconomicCrisis.US

Money Can’t Buy Happiness

A study by American psychologists from the University of Missouri-Columbia has found that cash and popularity do not bring nirvana. Experts say that excessive wealth, particularly for people unaccustomed to it, such as lottery winners, can actually cause unhappiness.

But autonomy, competence in what you do, a sense of closeness with others and self-esteem, do bring a well rounded state.

Taller People Earn More Money

Taller men are able to earn more money than their shorter counterparts simply because taller people are perceived to be more intelligent and powerful, this according to a study published in The Economic Record by Wiley-Blackwell.

Pretty people make more money; ugly men make the least

Believe it or not, researchers from University of Texas at Austin have concluded that attractive people earn more than average looking people in the workplace. Unfortunately, workers who are not at all attractive, earn even less.

And ugly men are affected more than ugly women. Men who are uglier than average tend to make nine percent less, while below average looking women make only five percent less.

Money Worries Make Women Spend More

A survey conducted by Professor Karen Pine, from the University of Hertfordshire and author of Sheconomics found that 79% of women said they would go on a spending spree to cheer themselves up.

Money Buys Happiness When You Spend On Others

Researchers at the University of British Columbia and the Harvard Business School have found that it’s possible to buy happiness after all: when you spend money on others.

Your Brain Thinks Money Is A Drug

If you’ve ever thought of money as a drug, you may be more right than you know. The research from University of Minnesota’s Carlson School of Management shows that counting money — just handling the bills — can make things less painful.

File sharers spend more money on music

A survey commissioned by the professional cogitators at Demos in the U.K., suggests that just because one might download illegally, it doesn’t mean one never spends money on music.

Indeed, this survey showed that those who share files spend 75 percent more on music than those who have allegedly clean hands.

Another omelettehead, Mark Mulligan of Forrester Research, told the Independent that those who share files are simply more interested in music.

Paying Taxes, According To The Brain, Can Bring Satisfaction

Want to light up the pleasure center in your brain? Just pay your taxes, and then give a little extra voluntarily to your local food bank. University of Oregon scientists have found that doing those deeds can give you the same sort of satisfaction you derive from feeding your own hunger pangs.

Money Makes The Heart Grow Less Fond… But More Hardworking

In a recent set of experiments, psychologists Kathleen D. Vohs of the University of Minnesota, Nicole L. Mead of Florida State University and Miranda R. Goode of the University of British Columbia found that participants’ personal performance improved, and interpersonal relationships and sensitivity towards others declined, when they were reminded of money.

Time Isn’t Money: We Spend The Resources Differently

In a series of experiments, Ritesh Saini (George Mason University) and Ashwani Monga (University of Texas, San Antonio) demonstrate that a qualitatively different form of decision making gains prominence when consumers work with time instead of money.