Can you put a monetary value on happiness? Apparently you can, according to Professor Paul Frijters. The man, named best Australian Economist under 40 years of age, has attempted to put a monetary value on major events in people’s lives. What is interesting when you read the figures he has come up with is the difference between how major events affect women and men. Take marriage for example. The monetary value Professor Frijters has on marriage for a woman is +$15,600. The monetary value of marriage for a man is pegged at +$31,600. The monetary value of the birth of … Continue reading →