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The Magazine of The Evangelical Lutheran Church in America

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Can money buy happiness?

In three different studies, researchers from the University of British Columbia, Vancouver, and a professor from the Harvard Business School, Cambridge, Mass., found that people can become significantly happier by giving others as little as $5.

Their research found that small changes in individuals’ spending allocations can make a difference in one’s well-being and that the effect isn’t dictated by the amount given but rather the relative percentage of their money that is spent on others.


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July issue

JULY issue:

Economic inequality

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