The paradox largely disappears with only minor changes in methodology (eg. If we run the same analysis for health, pollution, or welfare measures, GDP has the largest effect.Ģ. The effect on happiness from increasing a country’s GDP over time is disregarded as small, but is big enough to be meaningful (similar size to effects seen from GiveDirectly’s cash transfers). The post author challenges the research behind that paper on two counts:ġ. A 2022 paper attempts to verify this with recent data, and finds it holds. The Easterlin Paradox states that happiness varies with income across countries and between individuals, but not significantly with a country’s income as it changes over time. Everything here is also within the relevant sections later on so feel free to skip if you’re planning to read it all.ĭoes Economic Growth Meaningfully Improve Well-being? An Optimistic Re-Analysis of Easterlin’s Research: Founders Pledge
Podcast version: prefer your summaries in podcast form? A big thanks to Coleman Snell for producing these! Subscribe on your favorite podcast app by searching for 'Effective Altruism Forum Podcast'.ĭesigned for those without the time to read all the summaries. If you'd like to receive these summaries via email, you can subscribe here. The first post includes some details on purpose and methodology.
#STUDIES WEEKLY ANSWER KEY FULL#
This is part of a weekly series - you can see the full collection here.
Covid knocked me out a bit so playing catch up! Future posts will be back to the usual schedule and karma requirement. Author's note: this post covers the past two weeks, with a karma bar of 80+ instead of the usual 40+.
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