What is the Easterlin Paradox?
Answered by Discovery Fit & Health
  • Discovery Fit & Health

    Discovery Fit & Health

  1. The Easterlin Paradox is an observation by economist George Easterlin who found that, contrary to both expectation and traditional thought, happiness and income are not related after a certain point. Specifically, Easterlin found that in the decades after World War II, the population of the United States. experienced a surge in income, but reported no greater happiness. This finding contradicts the conventional wisdom of the time -- that money equates to happiness -- and launched further scientific study into happiness.

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