money can buy you happiness- Micheal Norton

“If you think money can’t buy you happiness, you’re not spending it right” says Micheal Norton on his ted talk. It is his belief through many of his researches that if money is spent towards other people, you will gain more happiness than spending in on yourself.

Micheal Norton, on pro-social money spending

His researches show that people who give are happier people, company work group that give to each other are more successful groups, and even sports teams that give to each other are the winning teams.

Being in a business school, we are all being trained to earn money, however in Comm 292 (Organizational Behaviour), we learn that money, and external motivator does not lead to job satisfaction, or achievement of the internal motivations that makes us happy.With this in mind, would it be possible, with regards to Micheal Norton’s researches, to make this external motivator (money) also an internal motivator, as an instrument that can grant us happiness if we were to give away the excess income that we earn?