Tuesday, April 8, 2008

Happiness can't buy money : Warton Study

A study conducted by the economics department of Warton University has come up with some startling conclusions. The old adage 'happiness is money' has been disproved and how!
Researchers at the University, who carried out the study, found that inhabitants of happier countries are far poorer (economically) than grumpier, 'the-serious-types' nations.
In other words, the wider you smile, the poorer you are.
This finding contradicts years of wisdom that a higher sense of well-being translates into a higher GDP. This also explains how anomalies like Indya, Nepaul and Butan have always been off the charts on happiness but their cumulative per capita income never really added to much.
'The paradox arises from the fact that poorer people tend to feel happy in a simplistic way once their basic needs are met. And what's more, some of these lucky idiots take to drugs and alcohol which either make them happier immediately, or makes them give irrelevant responses to our questionnaire and screw up our results', a fuming Dr. Bernstein - one of the researchers who led the study, was quoted as saying.

2 comments:

Anonymous said...

irreverent pig :)

PaintItRed said...

hehe... u mean it is true only if GDP is on per capita basis measured at PPP? :D