Money Vs. Happiness Nations Rethink Priorities
These are insights from happiness economics, perhaps the hottest field in what used to be called the dismal science. Happiness is everywhere—on the best-seller lists, in the minds of policymakers, and front and center for economists—yet it remains elusive. The golden rule of economics has always been that well-being is a simple function of income. That’s why nations and people alike strive for higher incomes—money gives us choice and a measure of freedom....