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120. Why Are Rich Countries So Unhappy?
No Stupid Questions
The Easterlin Paradox
The Easterlin paradox is that happiness and income are correlated in a country across countries. But over time, when you look at long-term longitudinal trends, Happiness and Income are not related. The reason for the paradox is social comparison: Wherever I am in the income distribution, I'm comparing myself to everybody else.
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