Measuring People’s Happiness, Misery

Measuring People’s Happiness, Misery

A new study by the UN Sustainable Development Solutions Network and the Ernesto Illy Foundation tries to measure people’s happiness and misery in a sample of three rich countries and one poor.

The study aims to measure what makes people happy and sad by using criterions such as mental illness, unemployment and poverty.

The author argues that easing misery to one person is far more important than increasing pleasure.

In the three rich countries, Britain, Australia and America, mental illness -people who had visited a doctor recently with emotional-health problems – emerged as the top predictor of misery, with “10.7 percentage points more likely to be extremely unhappy than those who were not,“ according to The Economist.

In Indonesia, the impact of mental illness was also critical, but less than other factors such as being employed.

Ahmed Mamdouh

Ahmed Mamdouh, Co-Founder and Head of English Fundamental Analysis at FXComment.com, with 7 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from The American University in Cairo and a Bachelor Degree in Economics from The Faculty of Economics and Political Science, Cairo University.

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