Jeff Kaufman 🔸 comments on Money barely increases happiness (unless you really value money, and even then not by much)

[Jeff Kaufman 🔸]

plotting the relationship between z-score changes in well-being and income NOT using a log scale

Something is wrong with this plot: it shows experienced well-being decreasing from 400k to 600k, but in the original plot it was an increase.

It would also be clearer if you didn’t swap the colors between the two graphs.

[Erich_Grunewald 🔸]

There’s an explanation further down in the tweet thread:

So, @JoelMcGuire12 actually used the available data, which is found via this: https://​​pnas.org/​​content/​​118/​​4/​​e2016976118#sec-13. In that, there actually is a drop at the end. I think the paper’s author must have merged some of the income brackets at the top end into one, but not 100%.

Oh. Actually, underlying data and graph in paper don’t seem to match up. [...]

[Larks]

Both charts seem to have the same number of data points so I don’t think this is the answer. I think Joel has plotted a different dataset.

[Lorenzo Buonanno🔸]

Here is it with the points and colors from the original graph (using http://​​www.graphreader.com/​​v2 Datapoints and log graph: https://​​docs.google.com/​​spreadsheets/​​d/​​14huISqo8Q3sfJALqG6D51o4DbWbPeeqgDm5ysrGxSY8/​​edit?usp=sharing )

[Larks]

Thanks!