Happiness Happiness
Www Loveofmoneyisrootofallprosperity Da Columbus GA Happiness Finding Happiness Life Happiness Happiness Quotes Happiness Richard Layard Money Make You Happy Happiness Layard Can Buy Happiness Money Makes You Happy Money Happy Happiness economics - pedia, the free encyclopedia
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p Loveofmoneyisrootofallprosperity e Loveofmoneyisrootofallprosperity searchh Www n Www msearchn Loveofmoneyisrootofallprosperity y22[3] A short term course of psychological therapy is 32 times more cost effective at increasing happiness than simply increasing income.[13][14] One study, when corrected for social status, showed no correlation between income and happiness.
[edit] Social security
Professor Ruut Veenhoven showed that social security payments do not seem to add to happiness. This may be due to the fact that non-self-earned income (e.g., from a lottery) does not add to happiness in general either. Happiness may be the minds reward to a useful action. However, Johan Norberg of CIS, a free enterprise economy think tank, presents a hypothesis that as people who think that they themselves control their lives are more happy, paternalist institutions may decrease happiness.[15][16]
An alternative perspective focuses on the role of the welfare state as an institution that improves quality of life not only by increasing the extent to which basic human needs are met, but also by promoting greater control of one's life by limiting the degree to which individuals find themselves at the mercy of impersonal market forces that are indifferent to the fate of individuals. This is the argument suggested by the U.S. political scientist Benjamin Radcliff, who has presented a series of papers in peer reviewed scholarly journals demonstrating that a more generous welfare state contributes to higher levels of life satisfaction, and does so to rich and poor alike.[17][18][19]
[edit] Employment
Work is important to happiness. It creates a sense of purpose, beneficial relationships with co-workers, and also earns money. Losing one's job can be a great source of unhappiness.[9]
[edit] Relationships and children
Relationships, particularly those with women, are important to the happiness of both sexes.
Children tend to decrease parental happiness, at least until they leave home, although in terms of a broader life narrative the opposite may be true.[3] Some research shows that at some ages (toddlers and teenagers) they decrease parental happiness, whereas at others they increase it, averaging out to no overall change. Married people are happier, but it is unclear if this is due to the marriage or if happy people are more likely to marry.[3]
Marriage, children and how happy they make us, provide a perfect case study for these questions. Gilberts writes that prospective parents know that raising children will be laborious, yet they believe it will make them very happy. In fact, studies show it does just the opposite, and that levels of parental happiness don't rise until kids leave for college (so much for the
empty-nest theory). Still, if happiness is thought of in terms of a broader life narrative, rather than just specific moments of teething, diaper changing and petty-cash culling, it's pretty clear that kids do add value. Happiness politicians know that welfare states need more kids to plug the coming labor shortage — but should they actively encourage something that will make people unhappy, at least in the short run? Likewise marriage—married couples test happier, but it's unclear if that's because happy people marry. Whether or not politicians back policies that support marriage and having kids doesn't really matter, because people embrace these happiness myths quite willingly. "We are the product of our genes and our societies," says Gilbert. Traditions will trump the empirical evidence that money and kids won't make us happy.
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[edit] Freedom and control
There is a significant correlation between feeling in control of one's own life and happiness levels.
A study conducted at the University of Zurich suggested that democracy and federalism bring well-being to individuals.[20] It concluded that the more direct political participation possibilities available to citizens raises their subjective well-being.[20] Two reasons were given for this finding. First, a more active role for citizens enables better monitoring of professional politicians by citizens, which leads to greater satisfaction with government output.[20] Second, the ability for citizens to get involved in and have control over the political process, independently increases well-being.[20]
According to a free market think tank Cato Institute, higher economic freedom, as measured by both the Heritage and the Fraser indices, correlates strongly with higher self-reported happiness.[5][7]
[edit] Leisure
The amount of spare time people have, as well as their control over how much spare time they have, correlates with happiness.[21]
Whereas leisure pursuits increase happiness, watching television is an anomaly, as it seems to correlate with lower happiness. This may be because people who watch a lot of television are lacking in better sources of happiness, such as relationships and other leisure pursuits; that is, people watch television if they don't have anything better to do.
[edit] Health
Happiness appears to be inversely related to levels of stress, allergy, asthma and other chronic conditions.
[edit] Indices
The idea that happiness is important to a society is not new. Thomas Jefferson put the “pursuit of happiness” on the same level as life and liberty in the United States[22] Jeremy Bentham believed that public policy should attempt to maximize happiness, and he even attempted to estimate a "hedonic calculus".[3] Many other prominent economists and philosophers throughout history, including Aristotle, incorporated happiness into their work.[2]
The Satisfaction with Life Index is an attempt to show the average self-reported happiness in different nations. This is an example of a recent trend to use direct measures of happiness, such as surveys asking people how happy they are, as an alternative to traditional measures of policy success such as GDP or GNP. Some studies suggest that happiness can be measured effectively.[23][24] The Inter-American Development Bank (IDB), published in November 2008 a major study on happiness economics in Latin America and the Caribbean ("Beyond Facts: Measuring Quality of Life", idbdocs/1776308.pdf).
There are also several examples of measures that includes self-reported happiness as one variable. Happy Life Years, a concept brought by Dutch sociologist Ruut Veenhoven, combines self-reported happiness with life expectancy. The Happy Planet Index combines it with life expectancy and ecological footprint.
Gross national happiness (GNH) is a concept introduced by the King of Bhutan in 1972 as an alternative to GDP. Several countries have already developed or are in the process of developing such an index.[3][25] Bhutan’s index has led that country to limit the amount of deforestation it will allow and to require that all tourists to its nation must spend US$200[3] Allegedly, extensive tourism and deforestation lead to unhappiness.[3]
After the military coup of 2006, Thailand also instituted an index.[3] The stated promise of the new Prime Minister Surayud Chulanont is to make the Thai people not only richer but happier as well.[3] Much like GDP results, Thailand releases monthly GNH data.[26] The Thai GNH index is based on a 1-10 scale with 10 being the most happy.[26]
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