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Wealth and Happiness

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  1. Happiness and Health
News
  1. -05-18-09 Happiness Is Being Old, Male, and Republican (Yahhoo.com)
      "Happiness is a complex thing. Past studies have found that happiness is partly inherited, that Republicans are happier than Democrats, and that old men tend to be happier than old women." 05-09

  2. -07-10-07 Wealth Doesn't Buy Happiness (Business Week)
      "n 1974, economist Richard Easterlin pointed out that beyond a certain point—presumably when people's basic needs for food, shelter, public order and work are met—greater wealth does not generate more national happiness. The America of 2007 is far richer than the America of 1977. Life expectancy is 78 years, up from 74 years. Our homes are bigger and crammed with more paraphernalia (microwave ovens, personal computers, flat-panel TVs). But happiness is stuck." 07-07

  3. Women Millionaires Share Secrets (MSNBC News)
      "Corcoran and Langemeier share their advice in two exclusive video interviews for TODAY. Watch them to find out more about how you can build wealth." 04-07

Papers
  1. "The Secret to Success" (ABC News)
      "Vitale told ABC, 'I think the marketing campaign behind 'The Secret' is going to go down in history as the greatest case study of viral marketing ever done. … Anywhere.' "

      "Success requires more than just having a positive attitude. According to the film, some of the keys to using 'The Secret' are:"

      "Expectation: Expect the things you want and don't expect the things you don't want."

      "Gratitude: Be grateful for what you already have, and you will attract more good things."

      "Visualization: Create pictures in your mind, imagining yourself enjoying the things that you desire as if you already have them. Then you'll attract them." 02-07

  2. -"Happiest" Companies to Work for (CareerBliss.com)
      "CareerBliss data evaluates company reviews for the key factors which affect work happiness, including: work-life balance, one's relationship with their boss and co-workers, their work environment, job resources, compensation, growth opportunities, company culture, company reputation, their daily tasks, and job control over the work that they do on a daily basis." 12-11

  3. -08-28-08 What Is Rich? (U.S. News)
      "How much money does it take to be rich? Not surprisingly, definitions are all over the board." 08-08

  4. -Editorial: The Predator Class (CBS News - Meyer)
      "I believe there is now a professional, well-trained elite, supported by large institutions, that is adept and willing to use corrupt practices to accumulate wealth."

      "The predator class will not be exterminated by cease and desist orders, Senate hearings, independent boards of directors and the invisible hand. It's a culture. And essentially, it's our culture." 01-06

  5. -Study: List of Happiest and Least Happy Nations (LiveScience.com)
      "A recent Gallup analysis of 2010 well-being polls finds vast differences between countries in terms of how many citizens rate themselves as thriving. Below are the countries were the majority of people say they're doing well, along with the percent of people who say they're thriving." 08-12

  6. -Study: Wealth and Compassion (Time.com)
      "Are the rich really the unfeeling boors they're made out to be? Studies suggest that the richer people are, the less compassion they show." 01-06

  7. -UN Study of Happiest Nations (LiveScience.com)
      "The report released this week represents a new measure of success for sustainable-development efforts, said one of the report authors John Helliwell of the Canadian Institute for Advanced Research." 08-12

  8. -Wealth and Happiness (CBS News)
      "And research shows that people like Steve Kirsch who give money away are happier."

      "What's more, despite popular notions that suggest the key to personal fulfillment is acquiring more money to buy more and fancier stuff, it turns out that "as long as you're not in poverty, money has nothing to do with whether you find happiness or fulfillment in life," explains author Greg Easterbrook."

      "Easterbrook wrote 'The Progress Paradox,' a study of American prosperity in the past 50 years."

      " 'Because the things that we all want the most: good relationships with our family and friends, a sense of purpose in life, these things don't have a price. You can't buy them in a store.' " 8-05

  9. Beauty and Success (JYI.org)
      "For better or worse, the bottom line is that research shows beauty matters; it pervades society and affects how we choose loved ones. Thus, striving to appear attractive may not be such a vain endeavor after all. This isn't to say plastic surgery is necessarily the answer. Instead, lead a healthy lifestyle that will in turn make you a happier person." 12-05

  10. Beyond Happiness (New York Times)
      "In theory, life satisfaction might include the various elements of well-being. But in practice, Dr. Seligman says, people’s answers to that question are largely — more than 70 percent — determined by how they’re feeling at the moment of the survey, not how they judge their lives over all."

      "So what should be measured instead? The best gauge so far of flourishing, Dr. Seligman says, comes from a study of 23 European countries by Felicia Huppert and Timothy So of the University of Cambridge. Besides asking respondents about their moods, the researchers asked about their relationships with others and their sense that they were accomplishing something worthwhile."

      "In his 2008 book, 'Gross National Happiness,' Dr. Brooks argues that what’s crucial to well-being is not how cheerful you feel, not how much money you make, but rather the meaning you find in life and your sense of 'earned success' — the belief that you have created value in your life or others’ lives." 05-11

  11. Corporate Charters - Limitations of the Past (Grossman and Adams)
      "Many colonial citizens argued that under the Constitution, no business could be granted special privileges. Others worded that once incorporators amassed wealth, they would use their corporate shields to control jobs and production, buy off the press and dominate elections and the courts." However, in 1886 the U.S. Supreme Court granted corporations the same rights and protections as individual persons.

      "Within just a few decades, appointed judges had redefined the 'common good' to mean the corporate use of humans and the Earth for maximum production and profit -- no matter what was manufactured, who was hurt or what was destroyed. Corporations had obtained control over resources, production, commerce, jobs, politicians, judges and the law. Workers, citizens, cities, towns, states and nature were left with fewer and fewer rights that corporations were forced to respect."

      "By rewriting the [state] laws governing corporations, we citizens can reassert the convictions of the people who struggled to resist corporate rule in the past." 7-02

  12. Cosmetic Surgery for Success (U.S. News)
      "If you're looking to invest in your career by improving your looks, here are three cosmetic procedures that experts say could boost your bottom line and three that could backfire." 06-08

  13. Denmark the Happiest Place to Live? (CBS News)
      "Little Denmark, with its five-and-a-half million people, is the happiest country in the world, says a study done by an English University." 02-08

  14. Editorial: The Peril of Positive Thinking (ABC News)
      "Two years into the Great Recession, it's time to face the truth: optimism feels good, really good, but it turns out to be the methamphetamine of run-amok American capitalism. Meth induces a 'Superman syndrome.' Optimism fed into what Steve Eisman, a banking analyst who foresaw the crash, calls 'hedge-fund disease,' characterized by 'megalomania, plus narcissism, plus solipsism' and the belief that 'to think something is to make it happen.' The meth-head loses his teeth and his mind; the madcap optimists of Wall Street lost something like $10 trillion worth of pension funds, life savings and retirement accounts." 11-09

  15. Finding the World's Happiest Places (CNN News)
      "It may take a lot of frequent-flier miles, a penchant for cold places, a tolerance of taxes and regular doses of chocolate, but happiness could be within reach. However, it's not where most people might expect." 02-08

  16. Generation Y's Goal: Wealth and Fame (USA Today)
      "Eighty-one percent of 18- to 25-year-olds surveyed in a Pew Research Center poll released today said getting rich is their generation's most important or second-most-important life goal; 51% said the same about being famous." 01-07

  17. Happiness Measurement (ABC News)
      "According to a Pew Research Center survey, only 34 percent of U.S. adults say they're very happy. The survey found that income and status were not important indicators of happiness and that CEOs were not as happy as the people who worked for them." 07-06

  18. Happiness, Wealth, and Armaments (MIT Press - Daedalus)
      "If getting more income doesn’t make people happier, why do they go to such lengths to get more income?"

      "The more troubling question is why we have not used our resources more wisely. If we could all live healthier, longer, and more satisfying lives by simply changing our spending patterns, why haven’t we done that?"

      "That many purchases become more attractive to us when others make them means that consumption spending has much in common with a military arms race. A family can choose how much of its own money to spend, but it cannot choose how much others spend. Buying a smaller-than-average vehicle means greater risk of dying in an accident. Spending less on an interview suit means a greater risk of not landing the best job. Yet when all spend more on heavier cars and more finely tailored suits, the results tend to be mutually offsetting, just as when all nations spend more on armaments. Spending less– on bombs or on personal consumption– frees up money for other pressing uses, but only if everyone does it."

      "What, exactly, is the incentive problem that leads nations to spend too much on armaments? It is not sufficient merely that each nation’s payoff from spending on arms depends on how its spending compares with that of rival nations."

      "For an imbalance to occur in favor of armaments, the reward from armaments spending must be more context sensitive than the reward from nonmilitary spending. And since this is precisely the case, the generally assumed imbalance occurs." 12-05

  19. Health and Happiness After 70 (Guardian Unlimited - Hill)
      Describes the results of a study on happiness and age. The surprising result was that persons over 70 are the happiest. 11-01

  20. I Have a Dream Program for College Tuition (CBS News)
      "It's been 23 years since wealthy New York businessman Eugene Lang told a class of sixth-graders in Harlem that if they made it through high school, he'd help pay for their college education."

      "There are now programs in 76 schools and housing projects. So far, more than 13,000 kids have been promised college tuition." 5-04

  21. Is Everyone Capable of Happiness? (MSNBC News)
      "Something somewhere is bound to make you smile, to trigger a happy thought, be it money, puppies, chocolate, the beach. But what's the secret to happiness? And are some more likely to possess it than others?"

      University of Illinois professor Ed Diener is "the leading researcher on the subject. He says there are three main keys to happiness, the most influential being relationships." 03-07

  22. Map of US States Renamed for Countries with Similar GDPs (Time.com)
      "The map from economist Mark J. Perry at the American Enterprise Institute puts America’s $16 trillion GDP in perspective. 'The map and these statistics help remind us of the enormity of the economic powerhouse we live in,' Perry writes, at least to the 4% of the world’s population that lives there." 02-14

  23. Millionaires Who Don't Feel Rich (New York Times)
      "Silicon Valley is thick with those who might be called working-class millionaires — nose-to-the-grindstone people like Mr. Steger who, much to their surprise, are still working as hard as ever even as they find themselves among the fortunate few. Their lives are rich with opportunity; they generally enjoy their jobs. They are amply cushioned against the anxieties and jolts that worry most people living paycheck to paycheck."

      "But many such accomplished and ambitious members of the digital elite still do not think of themselves as particularly fortunate, in part because they are surrounded by people with more wealth — often a lot more." 08-07

  24. On Kindness (Time.com)
      "Historian Barbara Taylor and psychoanalyst Adam Phillips don't believe that nice people finish last. In their new book, On Kindness, the authors employ history, social theory and psychoanalysis to chart how kindness has become a pejorative word over the years." 06-09

  25. Our Happiness "Set Point" (U.S. News)
      "Is lasting happiness attainable or a pipe dream? For the past 18 years, University of California-Riverside professor of psychology Sonja Lyubomirsky has studied this question, and what she reports might even sway pessimists. In an interview with U.S. News, she says that it's quite possible to stretch the limits of our pre-programmed temperaments. And in a new book in stores this month, The How of Happiness: A Scientific Approach to Getting the Life you Want, she demonstrates how to do it--without medication. " 01-08

  26. Studies on Happiness (World Database of Happiness)
      "The World Database of Happiness is an ongoing register of scientific research on subjective appreciation of life. It brings together findings that are scattered throughout many studies and provides a basis for synthetic studies. The Database consists of the following interrelated inventories, the interconnections of which are visualized on a flow chart." 11-06

  27. Study: After $75,000, Wealth Does Not Increase Happiness (Time.com)
      "People say money doesn't buy happiness. Except, according to a new study from Princeton University's Woodrow Wilson School, it sort of does — up to about $75,000 a year. The lower a person's income falls below that benchmark, the unhappier he or she feels. But no matter how much more than $75,000 people make, they don't report any greater degree of happiness." 09-10

  28. Study: The Rich Have Less Empathy (Time.com)
      "Looking for empathy and support? You're more likely to get it from a poor person than you are from a rich one, according to new research published in Psychological Science." 11-10

  29. Study: What Causes Happiness (Time.com)
      "What happens when you look at the happiest people and scientifically analyze what they have in common? Researchers did just that." 03-14

  30. Taking a Sabbatical or Break (Money Central MSN)
      "Taking a break may be just the thing to spark your spirits. But keep in mind these seven points to ensure that your mini-retirement doesn't produce maxi-regret." 12-05

  31. The "Secret" to Success (ABC News)
      "The secret, says author Bob Proctor in the film, 'is the law of attraction. Everything that's coming into your life you are attracting into your life. And it's attracted to you by virtue of the images you're holding in your mind.' " 11-06

  32. What Happy People Don't Do (New York Times)
      "Happy people spend a lot of time socializing, going to church and reading newspapers — but they don’t spend a lot of time watching television, a new study finds."

      "But the researchers could not tell whether unhappy people watch more television or whether being glued to the set is what makes people unhappy." 8-05

  33. World's Happiest Places (ABC News)
      "According to a new report released by the Organization for Economic Co-Operation and Development (OECD), a Paris-based group of 30 countries with democratic governments that provides economic and social statistics and data, happiness levels are highest in northern European countries."

      "Denmark, Finland and the Netherlands rated at the top of the list, ranking first, second and third, respectively. Outside Europe, New Zealand and Canada landed at Nos. 8 and 6, respectively. The U.S. did not crack the top 10. Switzerland placed seventh and Belgium placed tenth." 05-09

   
       


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