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Mohammad Mohammadipour

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Can Money Buy Happiness?

Maybe more cash does make people happier. Especially salient are analyses done by University of Pennsylvania economists Daniel Sacks, Betsey Stevenson, and Justin Wolfers. In their updated 2010 study, “Subjective Well-Being, Income, Economic Development and Growth,” the three compare subjective well-being survey data from 140 countries with those countries' income and economic growth rates. The researchers find that within individual countries richer people are happier than poorer; people in richer countries are happier than people in poorer countries; and over time increased economic growth leads to increased happiness. “These results together suggest that measured subjective well-being grows hand in hand with material living standards,” they conclude..

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    Feb 9 2013: hello Mohammed,
    I think that when we're talking about society the money plays an important role and has a direct impact on making the population feel the happiness and the satisfaction,it's important to mention that in the rich societies there are a lot of facilities and entertainment and this contribute on reducing the leisure of the population and this lead to the bliss , however in poor countries the life style is always the same and the population don't find ways to spend their time and as you know 'nature abhors a vacuum' so the people in this case are going to fill this vacuum with delinquency violence.
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      Feb 10 2013: ..rich societies there are a lot of facilities and entertainment and this contribute on reducing the leisure of the population and this lead to the bliss ...

      I live in a rich society but I can't afford to enjoy the products of that rich society. I make just enough to not be poor. I can't attend the opera even though I love classical music because a ticket cost $100.00. If I took my wife it would be $200.00. That is well beyond my means for us to help support the classics. So who is supporting them? The rich are. Where did the rich get all that money when they don't do any work to make that money? They invest the money they have. How does one get money to invest? They inherit it or their family hires them at a very high salary to perform a job they are not competent to preform. Not always but it happens often enough.

      Capitalism destroys the earth. Socialism maintains it and puts something back.
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        Feb 15 2013: I know this is a minor thing, but if you are able to volunteer in some way for the Opera, that may be a way to go to the performances. I know many seniors enjoy shows in the city by volunteering to hand out programs or take tickets.
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          Feb 16 2013: You are correct.... the local college is allowing me and wife to attend all plays.

          Very good advice Fritzie.
          Thanks.
          I think I'll call atlanta and see what they can offer.

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