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 […]