Renaissance Florence Was a Better Model for Innovation than Silicon Valley Is

Renaissance Florence Was a Better Model for Innovation than Silicon Valley Is

Why I Challenged My Kids to Start Companies Before College

Why I Challenged My Kids to Start Companies Before College

Driverless Cars: What Could Possibly Go Wrong?

Driverless Cars: What Could Possibly Go Wrong?

Income Inequality Makes Whole Countries Less Happy

Income Inequality Makes Whole Countries Less Happy

When You’ve Made Enough Money to Cause Family Tension

When You’ve Made Enough Money to Cause Family Tension

Access to Cash Predicts Life Satisfaction

Beyond Income: The Importance for Life Satisfaction of Having Access to a Cash Margin - Springer

Being able to get cash in a
pinch is a strong predictor of life satisfaction, according to a study by
Martin Berlin and Niklas Kaunitz at the Swedish Institute for Social Research
at Stockholm University. Analyzing data from the Swedish Level of Living Survey,
they found that Swedes who said they could not come up with a moderate sum of
money (a little over $1,000) within a week — either from savings, family,
friends, or a bank — reported lower measures of life satisfaction than
those who said they could. Countering the decrease in “satisfaction with
life circumstances” that’s associated with being unable to get cash would take
more than a fivefold increase in income; it would take a twentyfold
increase in income to make up for
the dip in “satisfaction with daily life,” the other measure of life
satisfaction. Not being able to attain money even had a greater association
with life satisfaction than cohabitation or marriage. This suggests that a
sense of economic security, not wealth per se, is what matters for someone’s
well-being, the authors say.

Neil deGrasse Tyson: Work and Life Don't Always Have to Be Balanced

Neil deGrasse Tyson: Work and Life Don't Always Have to Be Balanced