So what are the policy implications for this new research. The researchers said single-shot events such as a tax cut will probably have little impact on people's happiness. By contrast, "policies that lead to small but repeated gains are likely to succeed."Talk about shoehorning a study into liberal talking points! Unless we're talking about a tax rebate where the government sends you a big (or, generally, not so big) check, a tax cut is not a large, single-shot event. I mean, the news of a tax cut having been passed might be a single event, but actually keeping more money from each paycheck seems to be an exact example of a "small but repeated gain." No?
Friday, November 07, 2008
Today, BPS Research Digest discusses a finding that people's happiness is more readily increased by small, repeated events like going to the gym than by large, one-time events like winning the lottery. I enjoyed the article, but it did end on an odd note: