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J. Barkley Rosser — The Overhyping of _The Happiness Curve: Why Life Gets Bettere After 50_

Summary:
Jonathan Rauch of the Brookings Institution has just published The Happiness Curve: Why Life Gets Better After 50, which seems to be getting a major media push from a bunch of completely uncritical reviewers and commenters, some of whom really should know better. It is not that this book is totally wrong or bad, but that it way overstates its case, cherry picking data and the views of people he has interviewed, with only the slightest of caveats. A typical sophistic argument runs from presuppositions (hidden assumptions) to stated assumptions and then reasoning to conclusions "proving" the presuppositions. Actually, if Aristotle is correct in Nichomachean Ethics, one should get happier as one ages as along as one also gets wiser. For genuine happiness (Greek: εὐδαιμονία)  is a

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Jonathan Rauch of the Brookings Institution has just published The Happiness Curve: Why Life Gets Better After 50, which seems to be getting a major media push from a bunch of completely uncritical reviewers and commenters, some of whom really should know better. It is not that this book is totally wrong or bad, but that it way overstates its case, cherry picking data and the views of people he has interviewed, with only the slightest of caveats.
A typical sophistic argument runs from presuppositions (hidden assumptions) to stated assumptions and then reasoning to conclusions "proving" the presuppositions.

Actually, if Aristotle is correct in Nichomachean Ethics, one should get happier as one ages as along as one also gets wiser. For genuine happiness (Greek: εὐδαιμονία)  is a by-product of human excellence (Greek: ἀρετή), where excellence is defined in terms of unfolding one's potential as a human being and an individual. But apparently that is not what the book is about.

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The Overhyping of _The Happiness Curve: Why Life Gets Bettere After 50_
J. Barkley Rosser | Professor of Economics and Business Administration James Madison University
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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