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Also Try Happiness and Health News -01-09-07 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 -02-07-08 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 -02-18-08 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 -05-08-07 Meditating Your Way to a Better Brain (Newsweek - LabNotes) "Thanks to the Dalai Lama, lots of monks have lent Richard Davidson their brains. For almost 20 years Davidson, a neuropsychologist at the University of Wisconsin, Madison, and a long-time meditator himself, has been curious about how Buddhist meditation of the kind the monks practice might change their brains. He has lugged electronic equipment up into the hills above Dharamsala (the Dalai Lama's home in exile in northern India) to test the brains of yogis, lamas and monks living in primitive huts there, and persuaded other monks to visit his lab." "Over the years he has found that the brains of monks who are the most experienced meditators are indeed different from other brains. They have a much stronger "gamma" wave, a form of electrical activity in the brain that is associated with consciousness and pulling together information and perceptions from different regions of the brain. They also have much greater activity in the left than the right prefrontal cortex (just behind the forehead), a mark of well-being and happiness." 05-07 -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 -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 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 Happiness and Health (Lifestyle MSN) "Dr. Happiness is a nickname given to Ed Diener, PhD, professor of psychology at the University of Illinois at Urbana-Champaign. Okay, he doesn't dole out joy, but he has studied it, plus other positive emotional states we're all capable of. And research shows that their benefits include boosting our immune system and defenses against illnesses ranging from colds and flu to cancer and heart disease. Here's a look at the emotions that can actually help your body perform its best -- and why." 12-05 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 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 Report: Happiness Breeds Success (Health MSN) Sonja Lyubomirsky, a professor of psychology at the University of California, Riverside, and colleagues completed a report on the relationship between happiness and success. "Her team's 53-page review of more than 225 epidemiological, longitudinal and experimental studies strongly suggests that happiness is literally its own reward: That it breeds success, just as success can breed happiness." 11-01 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 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 -01-12-05 Wealthy Nations Agree to Delay Debt Payments (CNN News) "Meanwhile, the world's wealthiest nations have agreed to a moratorium on debt repayment by Indonesia and Sri Lanka, the two countries hardest hit by last month's tsunamis."  "The Paris Club of 19 creditor nations, said it was willing to freeze payments until the end of 2005, depending on assessments from the World Bank and the International Monetary Fund, which would monitor the countries to make sure that the money was being used for tsunami relief." "The Paris Club comprises Austria, Australia, Belgium, Britain, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, the Netherlands, Norway, Russia, Spain, Sweden, Switzerland and the United States." "Finance ministers from the wealthy G7 nations have already agreed to a debt freeze for all tsunami nations."  "As for more immediate needs, the United Nations says it has $717 million -- more than 70 percent of the $977 million it requested -- to use immediately for tsunami relief." 01-05 -02-25-07 "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 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 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 Editorial: Generation Gaps and the Boomer Generation (ABC News) "They both love boomers and love to hate them. They see a talented, successful and outspoken generation that also can be hopelessly dismissive and self-absorbed." "It's an agenda that leaves him and other young adults members of generations known as X and Y wondering what will be left for them, especially as the cost of living rises, national debt increases, and as the huge population of aging boomers begins to devour Social Security and company pensions." "He wishes more boomers were willing to be mentors to collaborate and inspire a group of young adults that he worries have become apathetic, partly because they feel powerless. Others, he says, have simply gotten used to boomers speaking for them." 8-05 Editorial: Generation Gaps and the Boomer Generation (CBS News) "Our economy depends on massive amounts of foreign oil, no one seems enthusiastic about energy conservation or slowing down our pursuit of conspicuous consumption, and the main goal for many parents is to make sure their children get perfect grades so they'll be accepted into elite colleges." "How long can we keeping heading in this direction? I feel like most of us boomers will be gone by the time the road finally reaches a dead end. But right now wouldn't be a bad time for you people in Generation X and Y and all the other ones coming behind us to start looking for alternative routes." 8-05 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 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 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 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 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 Primaries - The "Wealth" Primary (OpenSecrets.org) "Long before the political parties select their nominees and voters cast their ballots, long before the vast majority of citizens have even focused on upcoming federal elections, candidates for the United States Congress now compete in a critically important phase of the modern electoral process: the wealth primary. The person who collects the most money -- the "winner" of the wealth primary -- almost always captures his or her party's nomination and then, if he or she can outraise and outspend the winner of the wealth primary in the other party, goes on to win the election. Theoretically, you can get elected to Congress without being the winner of this two-part wealth primary but, when you look at the statistics, it is extremely unlikely." 1-04 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 Study: Racial Wealth Gap Increased (ABC News) "The enormous wealth gap between white families and blacks and Hispanics grew larger after the most recent recession, a private analysis of government data finds."  "After accounting for inflation, net worth for white households increased 17 percent between 1996 and 2002 and rose for Hispanic homes by 14 percent to about $7,900. It decreased for blacks by 16 percent, to roughly $6,000." "Regardless of race and ethnicity, the median net worth for all U.S. households was $59,700 in 2002, a 12 percent gain from 1996." 10-04 Taxes and Income - A Critique (PerfectlyLegalBook.com - Johnston) Explains why the author thinks Americans should be concerned about the patterns of taxation and concentration of wealth. 2-04 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 Wealth and Democracy (Los Angeles Times - Kennedy) Reviews the book, Wealth and Democracy, by Kevin Phillips. Discusses the gap between the wealthy and rest of us and the consequences on democracy. Phillips summarizes the position of Republican president Theodore Roosevelt, with "...too much wealth in the hands of a small minority is not only offensive to the American sense of fairness, it is dangerous to the republic itself. Excess money, in this view, purchases special privileges, corrupts low-paid officials and distorts the electoral will. In a narrower sense, it is also dangerous to the Republican Party, which brings us back to where Phillips started off his long career." 7-02 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

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