Behavioral Grooves Podcast

[INTERVIEW] Does Money Really Make You Happy? The Research with Johannes Haushofer

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Synopsis

What link is there between happiness and income? Does winning the lottery make you happier? What does the research say about poverty and our mental health?  Our guest on this episode has researched the psychological effects money has on our wellbeing and on our society. Johannes Haushofer is the Assistant Professor of Economics at Stockholm University and has taught at Princeton University for the past six years.  Johannes realized that not enough research on these topics has been conducted outside of the Western, educated, industrialized, rich and democratic countries (WEIRD countries). So he founded the Busara Center for Behavioral Economics in Nairobi, Kenya: https://busaracenter.org/. We talk with him about how he founded the center and what research he has been able to do there. A few years ago, in an effort to make a friend feel better Johannes published his ‘CV of Failures’ that detailed every degree program that had rejected him and all the research funding he didn’t get. It went viral as people lappe