Happiness

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Happiness | Methodology | Global Issues | Income / Wages | Workplace | Consumerism

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"Although [money's] utter absence, can breed misery, having it does not guarantee happiness." - David G. Myers, social psychologist, award-winning researcher

Happiness is an important study in an economics because it provides a legitimate way of understanding why people make the decisions they do in a free market economy. Through income, consumerism, and the workplace, people strive to accomplish what makes them happy. That may mean taking a bad job that pays a lot in order to obtain status, or taking an easy job without a lot of salary for personal enjoyment. By analyzing not only these trends, but also global concerns and the methodology behind both the economic and philosophical study of happiness, we can understand why happiness plays such an important part of modern economics.