Re:The relationship between money and happiness
by tspiteri on Saturday April 07, 2018 @08:32AM
(#16780457)
What this chart shows to me is that GDP is not a good measure of people's wealth. For example Luxembourg is shown as an outlier because it has a very high GDP but not a similarly high satisfaction score. And I think that is because the economy of Luxembourg is largely banking, where the money will just belong to a rich few, not to the average people.
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Re:The relationship between money and happiness
by zwischenzug on Saturday April 07, 2018 @09:03AM
(#16780536)
Yeah, it'd be interesting to see how happiness correlates to distribution of GDP rather than size of GDP.
Re:The relationship between money and happiness
by occamrazor on Saturday April 07, 2018 @12:51PM
(#16781523)
The main problem with Luxembourg’s GDP per capita statistics are cross border workers, who are about 20%. Average and median income are high, but not as much as these figures suggest.