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0 sats \ 2 replies \ @Undisciplined 4h \ parent \ on: MONEY CLASS OF THE DAY: A Lesson in Inflation Adjusting, Christmas Carol Edition econ

Self-reported happiness is only meaningful if the points on the scale mean the same thing across eras, which is all of unknowable, meaningless, and probably false.

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48 sats \ 1 reply \ @SimpleStacker 4h

Perhaps, but I do think changes in the average response rate of a simple yes/no happiness question contains valuable information on trends

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0 sats \ 0 replies \ @Undisciplined 4h

I like that more than the standard 5-point scale.

I also like that response to economic claims that I just came up with.

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