4 ms·

Yes, Money Does Buy Happiness: 6 Lessons on Income and Well-Being

• deleted 14y ago
  [deleted]
• digitalWestie 14y ago
  I see what they are saying but I don't understand their conclusion that we should focus our effort on increasing wealth. So as a result of these findings we see that as wealth rises so does happiness... but the thing is the graph becomes logarithmic. Germans are only marginally more satisfied than Brazilians. To increase their satisfaction all they need to earn a whole lot more than they do already. Doesn't this just prove or enhance the point that we should look beyond economic growth to drive our prosperity?
  • rm999 14y ago
    > Doesn't this just prove or enhance the point that we should look beyond economic growth to drive our prosperity? You're creating a false dichotomy. It does not prove we must look beyond economic growth; on the contrary it shows that economic growth is correlated positively with well-being so we should at least partially concentrate on wealth. But yes, I agree with you that mean wealth is not everything. As the article points out, inequality also reduces happiness. It's the philosophy behing Bhutan's gross national happiness: take a look at what makes people happy beyond wealth.
    • digitalWestie 14y ago
      Yes, exactly this. I didn't intend for my comment to be read as saying we can now forget about positive effect of wealth.