31 Aug '11, 6am

The world is richer now than ever before. So why are so many people so unhappy?: Commentary

We live in a time of high anxiety. Despite the world's unprecedented total wealth, there is vast insecurity, unrest and dissatisfaction. In the United States, a large majority of Americans believe that the country is "on the wrong track". Pessimism has soared. The same is true in many other places. Against this backdrop, the time has come to reconsider the basic sources of happiness in our economic life. The relentless pursuit of higher income is leading to unprecedented inequality and anxiety, rather than to greater happiness and life satisfaction. Economic progress is important and can greatly improve the quality of life, but only if it is pursued in line with other goals. In this respect, the Himalayan Kingdom of Bhutan has been leading the way. Forty years ago, Bhutan's fourth King, young and newly installed, made a remarkable choice: Bhutan should pursue "gross nation...

Full article: http://www.todayonline.com/World/EDC110831-0000355/The-ec...

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