Income and Happiness: A Point in Time Approach: Difference between revisions

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In a study during 1994 people within the lowest income reported a "very happy' level 16% of the time.  This is contrasted with a 44% "very happy" level with those in the highest income level.  This holds true throughout history as well.
At any given point in time rich people are substantially more happy on average when compared to poor people.  This fact is contrasted to the notion (which will be discussed later) that over a life cycle, societies and the people within those socities have not grown happier.  The table below shows the how happiness within the '''''top income quarter is higher''''' compared to the '''''bottom quarter'''''.
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Latest revision as of 16:16, 6 April 2006

At any given point in time rich people are substantially more happy on average when compared to poor people. This fact is contrasted to the notion (which will be discussed later) that over a life cycle, societies and the people within those socities have not grown happier. The table below shows the how happiness within the top income quarter is higher compared to the bottom quarter.

Description