How much happiness can 2 million USD buy? with Elizabeth Dunn

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How much happiness could be gained if more people had access to wealth? Does the relationship between spending money and happiness change when people are in different economic classes? And if chosen randomly, what would YOU do with $10,000? These are questions that Elizabeth Dunn, a social psychologist and professor, posed in a recent study. She researches how people can optimize time, money and technology to maximize their own happiness. In December 2020, TED teamped up with Elizabeth’s researchers to distribute $10,000 to each of 200 random recipients in seven countries to understand how the use of this cash would contribute to their happiness. The end result was fascinating — and at this live event at the TED2024 conference in Vancouver, Elizabeth and Chris dive into the findings.

Transcripts for The TED Interview are available at: go.ted.com/TTIscripts