All over the world, people who have more money say they are happier. But that might not always be the case, according to a large new global study of the relationship between wealth and happiness. “People have been arguing for a long time about whether money buys happiness, but it’s a bit more contextual than that,” says James Harter, a research psychologist at the Gallup Organization and an author of the study. “There are big differences depending on how you measure well-being.”

“Happy” could...

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