The Easterlin Paradox
Richer people are happier than poorer people. Yet a whole country getting richer does not seem to get happier.
197423 min read
American happiness research
Senior fellow at the Wharton School of the University of Pennsylvania and creator of the Track Your Happiness experience-sampling project, which collects in-the-moment wellbeing reports by smartphone. His 2021 analysis of 1.7 million such reports found that experienced wellbeing keeps rising with income above $75,000 a year, contradicting the earlier plateau finding, and he then settled the disagreement through an adversarial collaboration with Daniel Kahneman.
Richer people are happier than poorer people. Yet a whole country getting richer does not seem to get happier.
197423 min read