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> I'm not saying that everyone needs to achieve these things to be happy. But I would say that I think it's easy to look up to say, 2-3x your own income and say "how could anyone ever want more than that", but then when you get there, you find that actually there's a lot of interesting stuff that you might be able to do if you made 5-10x more still, and at least for me, it's mostly not about luxury. It's about being able to pursue interesting things with autonomy.

This is called the hedonic treadmill and is pretty much built into all humans. Spoiler alert: it never ends.




Indeed it is. And on a personal level, that can be a tragedy. But on a social/economic level, it's great for raising everyone's living standards, which is the point of this paper.




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