Money and happiness in the attachment Essay Example | Topics and Well Written Essays - 1250 words - 1

Money and happiness in the attachment - Essay ExampleThe paradox was mainly used to rear the argument that a general increase in economical growth by a country, would not necessarily result in increased gladness levels by its citizenry (Leonhardt 2008).The argument supported by this paradox, was further supported by explore that happened to prove that during the resultant aftermath that followed soon after universe War II ended, the economy of Japan underwent a rather significant boom with the general economys output growing by an add up of about sevenfold between the years ranging between 1950 an 1970. This staggering economical growth caused Japan to eventually become one of the worlds richest nations (Leonhardt 2008). disrespect the massive economic growth witnessed in the country, polls conducted in Japan showed that the countrys citizenry appeared to become increasingly dissatisfied with their own lives. harmonise to the results of one poll, the overall percentage of perso ns who happened to provide the most positive of the given possible answers pertaining to the level of satisfaction they were experiencing in their lives actually fell from the averages obtained during the late mid-fifties through to the early 1970s. It was evidently clear that although the people were richer, they were deemed to apparently not be happier. (Lee & Dwight 2006).The results of this Japanese anomaly are inherently somewhat flawed and funds can result in happiness. The truth of this statement was verified by efforts of research conducted by two economists from Brookings Institution in Washington, Mr. Wolfers and Ms. Stevenson who discovered that the original research questions had changed and the most positive answer option that was given by the pollsters was one suggesting that although the respondents werent completely happy they were satisfied with their life as it were at the moment.Mr. Easterlin is quoted as writing that it can generally