Graph Plotting Satisfaction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Easterlin paradox. more money does not always lead to more happiness. instead, more money often means more demands and desires. well, a new paper by "the economist" turns that thesis on its head. look at this graph plotting satisfaction against income. if you were in a relatively poor country like china, india or iran, more money meant more satisfaction. even if you were in a rich country and this is what is new, the results hold up. look at france, germany or the u.s. on this chart. what i also found interesting was that americans hit the highest levels of satisfaction among the 25 most popul...

Economists have always been fascinated by the looing between income and happiness. in the 1970s, we learned of the easterlin paradox. the economist argued that more money doesn't always lead to more happiness. instead, more money often means more demands and desires. well, a new paper by "the economist" turns that thesis on its head. look at this graph plotting satisfaction against income. if you were in a relatively poor country like china, india or iran, more money meant more satisfaction. even if you were in a rich country and this is what is new, the results hold up. look at france, german...