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...epidemiologists to say that economic growth as an end unto itself - at least in wealthy countries - is misguided, no matter how it is measured. These researchers point to surveys showing that despite the steady economic growth of developed countries over the past 50 years, those nations' citizens are no happier than they were 50 years ago, and only slightly healthier. To these thinkers, the developed world has come to the end of an epoch. (See pictures of retailers that have gone out of business...

Author: /time Magazine | Title: Searching for a Better Wealth Measure Than GDP | 9/16/2009 | See Source »

...person's relative position in society - how big your house is compared with your neighbor's, as opposed to its absolute size. According to these studies, even if everyone's income rose at a uniform rate - a rising tide lifting all boats - the growth would not make anyone significantly happier, at least not in the long term, because the relative position of people would not have changed. (See pictures of Americans in their homes...

Author: /time Magazine | Title: Searching for a Better Wealth Measure Than GDP | 9/16/2009 | See Source »

...recommendations. He says policymakers need not worry about growth. "My view about economic growth is that it's absolutely inevitable," he tells TIME. "It's simply the result of human creativity, and it will go on forever. But that won't be a huge factor in making us happier. What could make us happier is better human relationships." (See 10 big recession surprises...

Author: /time Magazine | Title: Searching for a Better Wealth Measure Than GDP | 9/16/2009 | See Source »

...made all my friends on FOP!”— I would have liked to have seen a testimony along the lines of “I spent my last week before school chilling with my parents and my dog, and couldn’t have been happier.” I wish students were given a more realistic idea of the number of people who actually go on Pre-O trips, along with a couple testimonials by people who didn’t have the best time. I felt unduly pressured to participate...

Author: By Kate A Borowitz, CRIMSON STAFF WRITER | Title: One Unhappy Camper | 9/15/2009 | See Source »

...seven-minute version of "With a Little Help from My Friends" begins in complete control, slowly building until halfway through, when his sweet-voiced backup singers ask, "Do you need anybody?" Cocker responds ... well, it's hard to describe exactly what he howls. But there's no happier sound. And no matter how long people get together to listen to music, there won't be another moment when singer, song and audience merge so completely. For a few days, a generation of people got high with their friends. It sounds like a small thing, until you hear...

Author: /time Magazine | Title: Woodstock: How Does It Sound 40 Years Later? | 8/24/2009 | See Source »

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