The Wall Street Journal today posted a blog entry that referenced and quoted a conversation with me about how perceptions of wealth can be biased and how relative wealth is often more important than absolute wealth for personal happiness. Here is the link. I thank The Wall Street Journal for their interest in my research.
Archive for February, 2009
The Irrelevancy of the Paradox of Thrift
February 11, 2009USThrift Blog is back from a long winter’s nap and the birth a new little Wilcox.
This post has been published by Forbes. It argues that American households are not stifling economic recovery by saving too much and that public policies designed to increase consumer spending are misguided.
