It is often said that money doesn’t bring happiness. However a new study by the London Business School and the University of Virginia says that’s only partly true. As it happens, the findings show that people in richer countries are happier but only when there’s more equality. That´s the case of countries such as The Netherlands or Sweden, which often score high on both economic and happiness indexes. Rich countries with big income-gaps don’t necessarily have the happiest of people. Researchers suggest that it may have to do with the fact that higher inequality leads to people in the lower economic ranks not ripping the benefits of economic growth while exposed to the growing wealth of others. And that may cause envy.
Rich countries are the happiest when there’s more equality
More of Today's Solutions
How this city in Illinois plans to stop homelessness by the end of the year
Less than a decade ago, more than 700 people were homeless in the small, 150,000 person city of Rockford, Illinois, about 90 miles northwest ...
Read MoreThis map shows what Indigenous land you live on
If you’ve attended a virtual lecture or presentation lately you may have noticed that the speakers initiated the event with an acknowledgment of which ...
Read MoreMore on beavers and rewilding
We decided to dust off and update this innovative solution to restoring habitats with the most industrious aquatic mammal: beavers. At The Optimist Daily, ...
Read More9 driving changes you can make to save more and burn less
Gas prices keep going up. While many of us can’t yet afford an electric vehicle, and we still need to get places, there are ...
Read More
