Hello Fellow Hedonists,
The Office for National Statistics (ONS) released its annual "Social Trends" report, according to which Britons are wealthier, healthier and living longer, but seem no happier than before. Britain's output per capita had more than doubled in the last 30 years, while mortality rates for circulatory diseases, cancer and respiratory illness continue to decline. Yet satisfaction with the standard of living in Britain has remained steady since the 1970s: each year since 1973 an average of 86 percent of people said they were "very" or "fairly satisfied" with their standard of living. In 2006, the figure was 85 percent, compared to six percent who rated themselves as "fairly" or "very dissatisfied". These figures seem to support the Easterlin Paradox.
Excelsior!
C.L.Sosis
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