Happiness: Lessons from a New Science

Science News, Feb 19, 2005

HAPPINESS: Lessons from a New Science RICHARD LAYARD

In Western countries, median incomes have doubled in the past 50 years, but Layard, a London economist, claims that people aren't any happier for it. The author explores wealth and many other things that people associate with happiness, but he shows that more often than not, the correlation isn't perfect. Layard asserts that many people are on a "hedonistic treadmill," where they feel increasing pressure to make and spend ever-more money on a bigger house, a nicer car, a better vacation, or another enhanced creature comfort. In a heavily documented text, Layard uses psychology, neuroscience, sociology, and applied economics to search for things that actually do bring happiness: security, community, and moral affirmation. Then, he considers what social changes would have to occur for most people to lead happier lives. Penguin, 2005, 310 p., hardcover, $25.95.