I am really puzzled by those graphs, mm. But as to the Easterlin paradox, it’s still alive: http://repec.iza.org/dp7234.pdf Happiness has been increasing, and so has GDP, but the rates of increase still don’t seem to have much of a relationship.
Thanks for this. There’s been quite a bit more research since that paper, including by Easterlin, so not sure how relevant it is now. The latest I know FWIW is from last year’s book by Richard Layard, Can We Be Happier?, which says it’s unclear but maybe economic growth often increases happiness but not always.
I am really puzzled by those graphs, mm. But as to the Easterlin paradox, it’s still alive: http://repec.iza.org/dp7234.pdf Happiness has been increasing, and so has GDP, but the rates of increase still don’t seem to have much of a relationship.
Thanks for this. There’s been quite a bit more research since that paper, including by Easterlin, so not sure how relevant it is now. The latest I know FWIW is from last year’s book by Richard Layard, Can We Be Happier?, which says it’s unclear but maybe economic growth often increases happiness but not always.