News Flash: Money Doesn't Bring Happiness

Normally I'd be skeptical about any such study, even one emanating from Princeton, but this caught my eye due to Kahneman's name. For those not familiar Kahneman did some important—strike that, critical—ground-breaking work in economics over twenty years ago, in which he experimentally showed that economists' central postulates about people's rationality are untrue. Not that those findings were ever incorporated in a significant way into the discipline, but anyway... I'd have to sit down and read this new study closely to understand its strengths and limitations, but a first gloss rings true: money is not the actual answer to people's problems. Indeed, when you die, if all you've got is a bed of gold coins that's going to be cold comfort.