16 April, 2008

Unexpected findings...

It turns out that people in richer countries are happier. Check out this graph, which shows it very starkly. Note that this does not show that higher incomes cause people to be happier. There could be a third factor that is correlated with both happiness and income, like, say, liberal views about culture. Or it could be the case that people in happier countries work harder and are more productive, thus earning more.

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