Chazen Institute Channel

In contrast to decades of research reporting surprisingly weak relationships between consumption and happiness, recent findings suggest that money can indeed increase happiness if it is spent the “right way” (e.g., on experiences or on other people).

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Columbia alumni, Cheyenne Wiskerke ’13 and Alan Wasserstrom ’63, share stories of the businesses they inherited and led — and some of the lessons they learned along the way.

Experts and popular beliefs suggest that it pays to engage in financial misconduct due to lax enforcement and punishment after 2003.