Assuming you're referring to this article: https://www.theguardian.com/money/2016/jan/07/can-money-buy-happiness
Not really. It discusses a few studies and some anecdotal evidence and doesn't conclude anything.
However, a more recent study, published by researchers at the University of Michigan in 2013, challenged the idea that the positive effect of money plateaus.
Note that the plateauing of a positive effect and diminishing returns are not the same, despite the articles not making that clear.
Assuming you're referring to this article:
https://www.theguardian.com/money/2016/jan/07/can-money-buy-happiness
Not really. It discusses a few studies and some anecdotal evidence and doesn't conclude anything.
> However, a more recent study, published by researchers at the University of Michigan in 2013, challenged the idea that the positive effect of money plateaus.
Note that the plateauing of a positive effect and diminishing returns are not the same, despite the articles not making that clear.
The article cited by the link that says that there's diminishing returns on that directly says otherwise.