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Tag Archive 'happiness'

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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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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