David, thank you for sharing this piece. It’s particularly valuable to see some of the researchers doing work in this space. From the economics side this is very similar to Kate Raworth’s Doughnut Economics framework - it could be a valuable synergy to see these conversations/research efforts unite. Doughnut | Kate Raworth
From more of a sociological angle, sufficiency brings to mind the research looking at income level and correlation to happiness/wellbeing. I just saw that this research has a new data point - A 2010 paper found correlation up to $75k/yr, new research suggests that the correlation continues. But the methodology is different as well and so how we define and construct these ideas/programs can result in dramatically different results. What’s the “just-right” range, what’s an under-shoot, and how can there be accountability to limit over-shoots?
Here’s a piece that links to both the 2010 and 2021 studies if it’s of interest.
Study Finds Strong Relation Between Income and Happiness, Does Not Max Out at $75k
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