04 Feb The economics of happiness
Is happiness real? Is it possible that happiness is a tangible asset whose value can be measured and quantified? Think about owning a bar of gold. Its value is simply a reflection of various macroeconomic variables. The gold bar is nothing more than a talismanic arbiter of global trade imbalances and inflationary pressures. So if there are the economics of gold why shouldn’t there be the economics of happiness?
At Davos, I attended a dinner event where we discussed the economics of happiness. I listened to economists, a priest, a monk, a hedge fund manager and others speak from their perspective on the link between wealth and happiness. It seemed intuitive to me, that if having lots of money was the answer to happiness, than all rich people should be happy. We all know that isn’t the case.
Want to read more about economics and happiness from the Huffington Post? Just click here