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Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
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The Stress Test Blind Alley
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Happy Hour
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Recovery Without Rebalancing
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The Shape of Your Recession
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Jul 31 2007 12:00am EDT
Bruce Wagner Explicates the Hedonic Treadmill
It can be hard to define the hedonic treadmill in easy-to-understand terms. So next time you're stuck for an explanation, just point your interlocutor here, to this week's Shouts and Murmurs column in the New Yorker. As a funny, it's not so funny. But as an elucidation of a relatively recondite concept in that hazy area where sociology, psychology, and economics intersect, it's hilarious.
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