Easterlin Paradox: Chinese Discover Money Does Not Buy Happiness
Tuesday, May 15, 2012 - 13:40
in Psychology & Sociology
Things would seem to be good in China. They are the only world economy not in a financial demilitarized zone, things are booming. Yet more money is not making people there happier. They're actually less happy today than shortly after the Tiananmen Square protest in Beijing was crushed by the military, says economist Richard Easterlin, researcher in "happiness economics" and namesake of the Easterlin Paradox. read more