WorldViews: ‘The Bliss Point’: The happiest countries are rich, but not too rich

By Max Fisher, January 14, 2014

A new study by economists Eugenio Proto and Aldo Rustichini finds that life satisfaction tends to be higher in countries with higher average incomes. In economist-speak, that means that life satisfaction correlates with GDP per capita, adjusted for purchasing power parity. What may come as more of a surprise is their finding that average life satisfaction actually peaks with countries that have an average annual income of about $33,000; after that, life satisfaction tends to drop as wealth rises.

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