With respect to the first of these obstacles it has often been made a matter of grave complaint against Political Economists that they confine their attention to Wealth and disregard all consideration of Happiness or Virtue.
Experienced happiness refers to your feelings to how happy you are as you live your life. In contrast the satisfaction of the remembering self refers to your feelings when you think about your life.
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Let us never know what old age is. Let us know the happiness time brings not count the years.