At TEDxCambridge, Michael Norton shares fascinating research on how money can, indeed buy happiness -- when you don't spend it on yourself. Listen for surprising data on the many ways pro-social spending can benefit you, your work, and (of course) other people.
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The authors culled data from 45 countries with substantial Internet-using populations. Then they sorted those 45 countries by GDP ("also the most obvious variable," Moat says). A clear pattern popped out of the numbers: Countries with lower GDPs had lower future orientation scores, and vice versa. People in poorer countries did more searches concerning the previous year; those in wealthier nations searched more for the next year. The trend was strong, and it held up in data from 2009 and 2008 as well. 
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Does being wealthy make you into an insensitive jerk? Science is offering some unsettling answers. Science is finding that money actually changes how you think and act—and not for the better
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Will borrowing money to buy a new car make you feel richer? It depends on your net worth, says a new study in Psychological Science, a journal published by the Association for Psychological Science. “People’s perceptions of wealth vary not only as a function of their net worth, but also of the amount of assets and debt they have,” says Princeton University psychology graduate student Abigail B. Sussman, who wrote the study with Princeton professor Eldar Shafir. In fact, increasing your assets by taking on debt affects perceived wealth in opposite ways for people who are in the red (their debt outweighs their assets), or in the black (their assets outweigh their debt).
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It turns out, money might buy happiness after all. And, it might not cost as much as you think.
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Knowing that your colleagues and peers earn more than you can actually raise your satisfaction levels, but only if you are under 45, according to new research from the University of St Andrews.
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Studies have shown that not every dollar contributes equally to perceived wealth, people’s standing relative to those around them often predicts well-being better than net worth does, and increasing income trends are preferred over decreasing ones.
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