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Latest Easterlin paradox Stories

2013-11-29 12:59:21

Economists have shed light on the vexed question of whether economic development can buy happiness – and it seems that life satisfaction actually dips among people living in the wealthiest countries. Politicians are intensely interested in the link between national wealth and levels of happiness among the population, but it is a subject which is still wide open to debate among economists. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the...

Study Shows Personal Satisfaction Increased When Income Is Too
2012-12-03 15:45:07

Brett Smith for redOrbit.com - Your Universe Online Money may not buy happiness, but a new study shows that increasing personal income can have a positive effect on a person´s satisfaction. The study, published in the Journal of Personality and Social Psychology, examined a host of economic, societal, and psychological factors in an attempt to correlate happiness and overall life satisfaction with financial well-being. "We've found that rising income does lead to rising...

2010-12-14 01:05:00

New analysis shows that long-term happiness does not correspond to increased wealth A new collaborative paper by economist Richard Easterlin "” namesake of the "Easterlin Paradox" and founder of the field of happiness studies "” offers the broadest range of evidence to date demonstrating that a higher rate of economic growth does not result in a greater increase of happiness. Across a worldwide sample of 37 countries, rich and poor, ex-Communist and capitalist, Easterlin and his...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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