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Working with a data set of 12,000 adults in Britain, Boyce and Moore assigned a rank to each participant based on income, and compared these positions to their answers on life-satisfaction surveys. The status rankings were determined using a statistical formula that incorporated factors such as geography, age, gender and educational status. So, a participant's income could be ranked along with those of neighbors, for instance, or with those of other similarly educated peers...

Author: /time Magazine | Title: Study: Money Isn't Everything — But Status Is! | 3/23/2010 | See Source »

Boyce and Moore found that an individual's rank, viewed this way, was a stronger predictor of happiness than absolute wealth. The higher a person ranked within his age group or neighborhood, the more status he had and the happier he was regardless of how much he made in dollars (or, in the study's case, pounds). "What we're trying to do is understand and explain why, over 30 to 40 years, the large economic growth we have experienced hasn't made us any happier," says Boyce. "If absolute income matters, as we increased our income, everybody should...

Author: /time Magazine | Title: Study: Money Isn't Everything — But Status Is! | 3/23/2010 | See Source »

...four making up to $88,200 annually—roughly $30,000 more than the 2008 median household income—will receive subsidies from the legislation. Democrats claim that these changes, plus other minor provisions (like allowing children to remain on their parents’ insurance until age 26 and limiting the amount that smokers can be charged relative to non-smokers for insurance) will reduce the deficit. With nearly $1 trillion in new spending, how could this possibly be true...

Author: By Colin J. Motley and Caleb L. Weatherl | Title: Change We Shouldn’t Believe In | 3/23/2010 | See Source »

Wintour highlighted the progress that the fashion industry had made over the last few years, including setting minimum age requirements for models, banning alcohol and tobacco backstage at fashion shows, and limiting working hours for young models...

Author: By Nataliya Nedzhvetskaya , CONTRIBUTING WRITER | Title: Wintour, Kors Speak at Harvard | 3/23/2010 | See Source »

...age of models really has to become a priority,” he said. “We need to give these girls a chance to grow...

Author: By Nataliya Nedzhvetskaya , CONTRIBUTING WRITER | Title: Wintour, Kors Speak at Harvard | 3/23/2010 | See Source »

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