Rolling around in piles of dough would undeniably make a lot of people happy, but is money the secret to true happiness?

Are happiness and life satisfaction even the same thing? Do you get happier and happier as you accumulate more money?

Not necessarily. Recent research has shown the relationship between wealth and happiness to be complex. Happiness may depend on how you deploy that money and some people may just be born happy.

Recently, Reuters blogger Felix Salmon sat down with economists Justin Wolfers, a frequent contributor to Freakonomics, and Charles Kenny, author of the bestselling book Getting Better, to discuss the economics of happiness at the Aspen Ideas Festival. It was a happy time.