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...that makes sense: money buys you things that make life easier and more satisfying; the easier your life, the happier you tend to be. That relationship isn't entirely linear, since there's a limit to how much wealth can please you; the happiness benefit of an increasing income is especially powerful among people who don't have much money to start with, and diminishes as wealth increases. But studies also reveal that as average income levels have risen over time - in the U.S. and European nations, for example - residents of those countries have not reported being any happier than...
...evaluate their income. What does wealth mean to people? Previous work has suggested that people tend to value their own wealth more - and are happier - when it compares favorably to everyone else's. The so-called reference-income hypothesis holds that it's not simply how much money you make that contributes to satisfaction, but how much more money you make than, say, the national average. The higher your salary than the norm, the happier you tend to be. That could explain in part why populations as a whole do not experience sunnier dispositions with economic growth, since a majority...
...reference-income hypothesis is rather abstract. The researchers wondered whether there was a more nuanced way to capture how people valued their income. They reasoned that people tend to make specific comparisons of personal wealth, not only with the average income of the larger population, but with the individual incomes of their neighbors, colleagues at work or friends from college. And the higher their rank, the greater their sense of happiness and self-worth would likely be. "For example, people might care about whether they are the second most highly paid person, or the eighth most highly paid person...
...that has quietly worked to support the Democrats' effort, and the political challenge for those who suffered a substantive loss on March 21 becomes clear. The President and his allies will argue mightily in the coming days that the great war over health care has ended. Republicans certainly will make the case that the crusade has just begun. In this semantic skirmish, the White House, bolstered by the momentum of victory and allies old and new, is girded for combat...
...away. Last week, Northern Ireland's Health Minister Michael McGimpsey said that a state inquiry into institutional and clerical child abuse should be considered. For campaigner Mary Raftery, the possible consequences of such a probe are clear. "It would inevitably expose a range of cover-ups and would make the church's role [in Irish society] unsustainable," she says. "The number of people whose hands aren't dirtied by this is quite small...