Happiness cannot be bought, some people might argue. Yet, money certainly allows people to buy things and experiences that can ultimately bring joy and happiness. Results from this year's Gallup World Poll, for instance, ranked Denmark, Finland, Norway, Sweden and the Netherlands – all wealthy countries – as the top five for happiest inhabitants. A recent SMU Social Sciences Capstone Seminar also pointed out that wealthier countries have cleaner water, better infrastructure, fewer diseases, and higher IQs. Could the old adage, that money is the root of all evil, be out of touch with the realities of our capitalist, consumerist world?
Economics | Health Economics | Social and Behavioral Sciences
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Money and its effects on life, behaviour and happiness. (2010). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/101