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Thread: How much does the happiness cost?
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[quote=APAULT,236076]I disagree with most of the comments....nothing new! The problem with conventional economics is that it assumespeople act rationally so as to maximise wealth. This is often but not always true. there are many motivations in life, certain aspects of happiness are not based on economic success so economic theory is not applicable. When we make decisions to optimise happiness they may be cost free in the economic sense. The market mechanism is a valuable means of analysing much of human behaviour but not everything![/quote]
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