Pursuit of Happiness

No, not the movie starring Will Smith. This article in Scientific American. Key graphs:

1. Imagine you have a choice between earning $50,000 a year while other people make $25,000 or earning $100,000 a year while other people get $250,000. Prices of goods and services are the same. Which would you prefer? Surprisingly, studies show that the majority of people select the first option.
2. Once average annual income is above $20,000 a head, higher pay brings no greater happiness. Why? One, our genes account for roughly half of our predisposition to be happy or unhappy, and two, our wants are relative to what other people have, not to some absolute measure.
3. Happiness is better equated with satisfaction than pleasure, says Emory University psychiatrist Gregory Berns in Satisfaction (Henry Holt, 2005), because the pursuit of pleasure lands us on a never-ending hedonic treadmill that paradoxically leads to misery. "Satisfaction is an emotion that captures the uniquely human need to impart meaning to one's activities," Berns concludes. "While you might find pleasure by happenstance--winning the lottery, possessing the genes for a sunny temperament, or having the luck not to live in poverty--satisfaction can arise only by the conscious decision to do something. And this makes all the difference in the world, because it is only your own actions for which you may take responsibility and credit."

Interesting. I had a vague sense of the highlighted passage in paragraph #2. I think we see that phenomenon manifest itself even in little kids playing with toys.

The first highlighted passage in paragraph #3 is something I've experienced first-hand. I think evidence of addicts points to this being generally true. I have a sense the last highlighted paragraph is also near the truth.

Thoughts?