Why Good Economies Don't Feel Good, People Are Better Off, but Affluence Creates New Wants
Charleston Daily Mail (May 12, 2006)
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WASHINGTON -You hear the refrain all the time: the economy looks good statistically (4.7 percent unemployment), but it doesn't feel good. Although the United States is the wealthiest nation in history, our quarrels and quibbles with our prosperity are unending.
Why doesn't ever-greater wealth promote ever-greater happiness?Why Good Economies Don't Feel Good, People Are Better Off, but Affluence Creates New Wants
It is a question that dates at least to the appearance in 1958 of "The Affluent Society" by John Kenneth Galbraith, the ex-Harvard economist who died recently at 97.
"The Affluent Society" is a modern classic, because it helped define a new moment i...Try vLex for FREE for 3 days
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