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
NYC food pantries are now stocking pet food for struggling households
BY THE OPTIMIST DAILY EDITORIAL TEAM If you've ever moved a bit of food off your own plate just so your dog could eat, ...
Read MoreAge-by-age Halloween tips from a board-certified pediatrician
BY THE OPTIMIST DAILY EDITORIAL TEAM Halloween might be the one night a year when the whole family ends up outside together, moving through ...
Read More3 lifestyle hacks to help you become a little happier
There is no one path to finding happiness, but there are some lifestyle changes you can make to become more receptive to happiness. Without ...
Read MoreNamibia High Court lifts ban on gay sex, a win for human rights
BY THE OPTIMIST DAILY EDITORIAL TEAM Namibia's high court has overturned a statute that criminalized gay intercourse, a huge victory for LGBTQ+ campaigners. This ...
Read More
