He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.
Related Posts
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.
What Trump 2.0 Could Mean for the Federal Reserve
Former President Donald J. Trump relentlessly criticized the Federal Reserve and Jerome H. Powell, its chair, during his time in office. As he competes with President Biden for a second presidential term, that history has many on Wall Street wondering: What would a Trump victory mean for America’s central bank? The Trump campaign does not […]
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
A congressional investigation found that BMW, Jaguar Land Rover and Volkswagen purchased parts that originated from a Chinese supplier flagged by the United States for participating in forced labor programs in Xinjiang, a far western region of China where the local population is subject to mass surveillance and detentions. Both BMW and Jaguar Land Rover […]