Some new arguments for higher taxes and government spending rest on the claim, supposedly established by empirical studies and by Adam Smith, that money doesn’t buy happiness. In reality, however, more wealth does increase human happiness, if only temporarily.
Download PDF
(16 pages)
Dwight R. Lee is a Research Fellow at the Independent Institute and Affiliated Visiting Faculty Fellow in the Institute for the Study of Political Economy in the Miller College of Business at Ball State University.
Email
EconomistsEconomyFree Market EconomicsGovernment and PoliticsPhilosophy and ReligionPublic ChoiceTaxes
| Other Independent Review articles by Dwight R. Lee | ||
| Summer 2023 | Fiscal Recklessness, Path Dependence, and Expressive Voting | |
| Summer 2019 | The Fifth Risk: Undoing Democracy | |
| Spring 2019 | The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture | |
| [View All (12)] | ||
