4 ms·
What this chart shows to me is that GDP is not a good measure of people's wealth. For example Luxembourg is shown as an outlier because it has a very high GDP b
by tspiteri 9y ago
What this chart shows to me is that GDP is not a good measure of people's wealth. For example Luxembourg is shown as an outlier because it has a very high GDP but not a similarly high satisfaction score. And I think that is because the economy of Luxembourg is largely banking, where the money will just belong to a rich few, not to the average people.
- zwischenzug 9y agoYeah, it'd be interesting to see how happiness correlates to distribution of GDP rather than size of GDP.
- occamrazor 9y agoThe main problem with Luxembourg’s GDP per capita statistics are cross border workers, who are about 20%. Average and median income are high, but not as much as these figures suggest.