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Tag Archive 'happiness'

Is This a Problem for Utilitarian Redistribution Schemes?

Posted in Behavior on Sep 7th, 2008

The “Easterlin paradox” suggests that there is no link between a society’s economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive link between average levels of subjective well-being and GDP per […]

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Two Cents on the Easterlin Paradox

Posted in Behavior, Socialism on Apr 23rd, 2008

Much has been made recently of economic findings that seem to refute the Easterlin Paradox. The paradox is simple – in research done in the 1970s, there was no apparent connection between wealth and happiness (in cross-country or within country average data). Critics of “greed-seeking”, “soulless” capitalism have used this for decades to push for […]

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