Dr. Kaushik Sridhar

happy

Money Makes the World Go Round, or Does It?

Reading Time: 2 minutes Comparing rates of happiness across countries can be tricky, given cultural, economic and social differences that testing may not capture. However, while some “outliers” defy the idea that wealthier nations are happier – Nigeria is very happy; Japan, not so much – other factors, such as age, marriage and jobs, regularly show up in happiness […]

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Love, Health and Happiness

Reading Time: 2 minutes Health and Happiness Worldwide, health is the major variable that influences joy, even more than money. Contented people are healthier, and healthy people are more content. In the developed nations of the OECD (Organisation for Economic Co-operation and Development), the higher the blood pressure, the lower the happiness level, and vice versa, indicating a “virtuous

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Objective vs. Subjective Reasons for Happiness

Reading Time: 2 minutes Happiness is a foundation stone of economic science. People make economic choices – what salary to accept, what product to buy, whether to invest – in order to become happy. The pursuit of happiness clearly matters in economics, even though economists usually speak of it in jargon, substituting such words as “utility” for “happiness.” The

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“The Greatest Happiness Principle”

Reading Time: < 1 minute Englishman Jeremy Bentham was the first philosopher to posit a pragmatic “greatest happiness principle.” He said that the greatest civilization has the happiest citizenry and, therefore, policies that increase the happiness of the largest number of people are the best ones to follow. However, until recently, little was known about human happiness, and governments stopped

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