rwallace comments on Scott Sumner on Utility vs Happiness [Link] - Less Wrong
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It's a common misconception that you revert to your happiness set point. What the credible data actually shows is that partial reversion occurs. Getting rich or having your legs blown off really does make you more or less happy in the long run, just not as much as one might guess from imagining the (very intense) initial reaction.
Could you give me some data or link? I would very much like to see it.
Sorry, I have long forgotten the relevant links.