 However, it has been found that once wealth reaches a subsistence level, its effectiveness as a generator of well-being is greatly diminished.Happiness economists hope to change the way governments view well-being and how to most effectively govern and allocate resources given this paradox.In 2010, Daniel Kahneman and Angus Deaton found that higher earners generally reported better life satisfaction, but people's day-to-day emotional well-being only rose with earnings until a threshold annual income of $75,000.