Google+
Not to be Missed

Tag Archives: Can Money buy happiness

Feed Subscription

China Proof Money Can’t Buy Happiness

China Proof Money Can’t Buy Happiness

China’s central TV conducted a large survey which concluded that even though the per capita income was nearly 20 times what it was in the late 1980’s, the Chinese have seen a decline in overall life satisfaction. A paper on the economics of China co-create by three Universities, two in the U.S. and one in China, after having reviewed China’s growth model feel it is “not completely happy.” They site four reasons: 1. Wealth is a moving target: While China still has widespread deprivation and poverty, some people are suddenly getting rich and even though their own income hasn’t changed, their ... Read More »