Does Money Buy Happiness By Ted Goertzel

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Does Money Buy Happiness? By Ted Goertzel

My Hypothesis • People with more money will be healthier • But this relationship is spurious • Marriage is the more important cause of happiness • Married people are have higher incomes and are healthier when compared to others of the same age

DATA • My data came from the 1988 General Social Survey • The Sample Size was 2832

Variables • • • Marital Status: married or not Age in years Family Income in dollars Health: fair/poor, good or excellent Happy: not very, pretty happy or very happy

Bivariate Analysis • Bivariate crosstabulations showed that all of my independent variables were • [Note: if I were doing this as a Power. Point presentation I would have to type these tables into Power. Point to get them to look right. However, for a Poster, you can just print the Microcase tables]

Multivariate Analysis • The path analysis shows the multivariate relationship between the variables • Health and being married are much stronger determinants of happiness than income • Married people have a higher family income • Health and income decline with age

Path Diagram • Note: for a Power. Point presentation, I would have to get the diagram into Power. Point from Word. I don’t know of any good way to do this other than to scan it. If the path diagram had been created entirely with the Draw tools in Word, it would copy. • For a poster, you can just print the diagram with word

Conclusions • To have a happy life • Get married • and stay young

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