Posts Tagged ‘wealth’

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    Are the Rich Getting Richer?

    Jun 30, 11 • 162 Views • Government, Households, Labor, Macroeconomic MeasurementNo Comments

    Their conclusion was clear. A recent Federal Reserve study tells us that the rich are getting richer. A closer look, though, reveals it is a lot more complicated. We need to be aware of two issues. How should we define income and wealth? Calculating income,

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    Money and Happiness

    Apr 26, 11 • 197 Views • Behavioral Economics, Developing Economies, Economic Debates, Households, Innovation, Thinking EconomicallyNo Comments

    It is possible, after all, that money can make us happy. A recent Brookings paper from 3 University of Pennsylvania researchers concluded that people experience greater “subjective well-being” or life satisfaction when they are more affluent.