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A comment on The relationship between money and happiness.

Re:The relationship between money and happiness by IkmoIkmo on Saturday April 07, 2018 @08:32AM (#16780456)
Would like to see this measured with either gdp per capita ppp, or better median wages, preferably adjusted for local purchasing power.

Gdp per capita doesn't take into account different purchasing powers locally. Nor does it take into account income inequality. i.e., the influence of a few people on the happiness measure is negligible compared to their influence on the income statistic.

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Re:The relationship between money and happiness by zeth___ on Saturday April 07, 2018 @08:46AM (#16780490)
Singapore having $80k as the baseline is laughable. The median is $30k.

https://en.wikipedia.org/wiki/Median_income

It drops from 3rd to 18th, Qatar drops from second to 23rd.

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Re:The relationship between money and happiness by m12k on Saturday April 07, 2018 @08:54AM (#16780513)
Yeah, low overall satisfaction isn't that surprising in a 'rich' country if the reality is a crazy-rich aristocracy while the majority live like serfs.
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