Would You Be Happier If You Were Richer? A Focusing Illusion

From the Princeton University Center for Economic Policy Studies:

"The more money you earn, the more time you are likely to spend working, commuting and doing other compulsory activities that bring little pleasure, according to an article in the June 30 issue of Science that provides a novel explanation for why money doesn’t bring happiness." 

Obviously, these guys don’t have kids!  [RJ]