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Can money buy happiness composition
Can money buy happiness introduction
Can money buy happiness
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Unemployment & Happiness
1. Introduction
Happiness is probably as the old topic. Most experts such as psychologists, philosophers, even economists concerned with the definition what is the happiness. However, there is not the concordant view for what is the happiness. Happiness should depend on different people. Some people believe that the happiness is the good goal in life. But, other people do not think happiness is the good goal in life because there are some other factors can affect the happiness such as trust, satisfaction with job, satisfaction with family's life, marriage, etc. Therefore, because happiness is a very elusive concept, we cannot judge people is happiness or unhappiness directly. Using the economics to judge happiness could be the easy way even though there are some imperfections, so that will follow the relationship between unemployment and happiness in this essay.
2. Incomes and Happiness
Most economics believe that unemployment is an unfortunate event for happiness; it has negative influence for happiness. According to common sense, it should be connected with income because people always think the less income may make happiness goes down. But is it true? Is more income better? According Easterlin Paradox, “high income do correlate happiness, but long term, increased income does not correlate with increased happiness”(1). “Richard Easterlin (1974) is the first economist to seriously study the data on happiness, he conclude that money does not buy happiness (2). There are two graph can show clearly, from 1945 to 1990, the real GDP per capita (in 1996 US$) had the huge increase that increase more than 5 times. For the average happiness, it should have the similar trend with income, but it was not. From 1...
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...02. 95-110. Print.
4. Frey, Bruno S., and Alois Stuzer. “Employment” Happiness and Economics:
How the Economy and Institutions Affect Human Well-being. Princeton,
NJ: Princeton UP, 2002. 95-110. Print.
5. Frey, Bruno S., and Alois Stuzer. “Income” Happiness and Economics:
How the Economy and Institutions Affect Human Well-being. Princeton,
NJ: Princeton UP, 2002. 73-94. Print.
6. Clark, Andrew E., and Andrew J. Oswald. “ Unhappiness and Unemployment.”
The Economic Journal 104.424(1994): 648-95. Print.
7. Clark, Andrew E., and Andrew J. Oswald. “ Unhappiness and Unemployment.”
The Economic Journal 104.424(1994): 648-95. Print.
8. Clark, Andrew E., and Andrew J. Oswald. “ Unhappiness and Unemployment.”
The Economic Journal 104.424(1994): 648-95. Print.
The society uses one’s happiness to seek their own. Starting with the ancient Adam Smith’s theory of a market economy where commodities are sold and bought in a market freely, where sellers and buyers exchange to achieve profit, and happiness is derived from profit. Thus “happiness is both produced and consumed” (Ahmed 3). Happiness is a matter of research for corporates of big companies. They try to figure out which product makes the buyers feel the happiness they need, so that they can produce more for their own profit. So, they cunningly make commercials with people having a good time. Which when watched by the buyers they get the false sense that their life would be so much better if they bought that small bottle of happiness. Once they buy their “Pandora’s box” they hope that underneath all the unnecessary objects there will be happiness, but they are dispirited at the end. Unknowingly the markets are making the society a more dull and sad place rather than distributing
Happiness has always been a desirable goal throughout our lives, but each actions we take might just affect the happiness of others. When humans seek happiness, we always seek for things that make us feel alive, or things that brings us the greatest comfort. Our contentment comes with the act of selfishness since we choose to prioritize our happiness above all other. We willingly classify happiness in two different types of meaning, both physical and mental happiness. People ought not be in title to happiness because it is classified in general as a physical desire by many people. Contentment is always known to be a physical satisfaction in life instead of a self-inducing satisfaction for life.
One reason described to be a cause of happiness is income. Don Peck and Ross Douthat indicate how, “National income appears to be one of the best single predictors of overall well-being, explaining perhaps 40 percent of the difference in contentment among nations” (352). With this statement, comes the explanation of how income can influence happiness in adults who strive to earn a living. Research illustrates how, “For individual countries, with few exceptions, self-reported happiness has increased as incomes have risen” (Douthat 352). While these two statements provide sufficient evidence for the reason of income bringing happiness, income itself is not relevant.
Before we look into specifics, we’ll examine the history and development of “happiness” as a philosophy. Of course, the emotion of happiness has always existed, but it began to be seriously contemplated around 2,500 years ago by philosophers like Confucius, Buddha, Socrates and Aristotle. Shortly after Buddha taught his followers his Noble Eight Fold Path (which we will talk about later), Aristotle was teaching that happiness is “dependent on the individual” (Aristotle).
Happiness, what is it, and why do we strive to achieve it so persistently? Happiness in some points of view is portrayed as the state that is derived from self-awareness of a benefiting action or moment taking place. What of the moments that are not beneficial? Can a person still find moments of happiness and success in discord, a little glimmer of light shining from the deep recesses of our own consciousness? Plucking it from a mere moment, achieved from money, or is it so much more, happiness is the precipice that all strive to gain to better perceive their success. As a person lives, they are in a constant struggle to be happy. For instance, even the United States Constitution makes reference to the idea that every person has the inalienable right to pursue happiness. This was the resulting outcome of the enlightenment from France, spilling out into the rest of the world from 1650 through 1800. This revolutionized the idea that every single person has the inalienable right to happiness or in different views the right to succeed. As to how one peruses or conjures their happiness that is an entirely different concept and completely up to their preferred preference, but it is something that a person needs to find on their own for true success.
The old cliché “Money cannot buy happiness” is a true fact that many people say all the time. A man with all the riches of the world cannot buy happiness. However, a poor man, without a cent to his name can obtain happiness if he wants, because happiness comes from within. Aristotle, an ancient Greek Philosopher and scientist proposed the idea of Eudaimonic Happiness nearly two and a half years ago. His idea was essentially that to obtain happiness one must practice being engaged in the process of happiness. Aristotle is known for the statement “Happiness, it’s living in a way that fulfills our purpose”
But in this debate, one question still raises its head - What is happiness? Happiness is not actually leading a luxurious life, but the luxury of living a life. Happiness is not actually about expanding your business, but it lies in expanding the horizons of life. Happiness is not having a meal in the most famous restaurant, but having it with your most beloved family. It does not lie in attending honorable parties, but to attend a party with honor.
Stearns, Peter N. “The History of Happiness. (Cover Story).” Harvard Business Review 90.1/2 (2012): 104-109. Business Source Complete. Web. 6 June 2015.
Happiness is not easy to define. A good life has one characteristic – happiness. Happiness can be defined as pleasure, joy, contentment and satisfaction. Understandings of how to be happy were changing throughout the history. Aristotle who lived in 4th century BC in Athens and Schopenhauer who is19th century philosopher from Germany have contrasting understanding of happiness. In this essay I will argue that Aristotle and Schopenhauer provide accounts of happiness that are useful to contemporary society. The reason for this is that happiness is universal and people’s ways to achieve it did not changed tremendously over times.
Happiness is a feeling that humans naturally desire. Without it, one feels incomplete. In this generation, happiness has taken on a definition by how we are presented to one another. It is measured by how much money we have, how famous we are, or the things we possess. When in reality, none of these things guarantee a happy life. Happiness is something that cannot be bought with money, but rather, it must be found, earned, sought after. Each and every one of us has our own list of things that we consider to make us happy. However, happiness shines brightest through the relationships we create, and the goals we make for ourselves to strive after. Along with these two essential sources, we then can mix and match those things in life that we enjoy to create our own unique formula for happiness.
Throughout history, philosophers and scientists of various kinds have been trying to define happiness, identify its causes and the obstacles to reaching it. According to Jon Gertner, psychologist Gilbert and economist Loewenstein have succeeded in pointing out several reasons why people are unhappy (pp: 444-6). It is important to note that according to Gilbert, it is not that people cannot g...
..., a person who earns $25,000 is happier than a person who makes $125,000 and an employee who makes $500,000 is only slightly happier than someone who makes $55,000. Lastly, there are more important things in life that and make you happy, for example, friends. They don’t come with a price tag, and if they do, you definitely need new friends. Money won’t make you happy since good times can’t be bought. You don’t need a fancy vacation to have a good time; it’s just a matter of who you spend it with. Over the years, humans have blown the value of money way out of proportion. People make it seem like if you’re not filthy rich, then you won’t live a good life but it’s not true. You can lack money and yet still live a perfect, happy life.
What is happiness? According to the dictionary, happiness is a mental or emotional state of positive or pleasant emotions. Now think closely, what does happiness mean to you? Many people say money can’t buy you happiness, some people say it can. People say, “How can you not be happy when you have a ton of money?” But people also say, “Having too much money can get in the way of happiness.” To me money is just green paper that lets you buy things you want and need. But can this green paper really buy you happiness? After reading this paper of mine, think about the question again and what do you believe is true.
Money and Happiness are two things that we have all given a lot thought. We put lots of effort into these two things either trying to earn them or trying to increase them. The connection we make between money and happiness is strange because they are two very different concepts. Money is tangible, you can quantify it, and know exactly how much of it you have at any given time. Happiness, on the other hand, is subjective, elusive, has different meanings for different people and despite the efforts of behavioral scientist and psychologist alike, there is no definitive way to measure happiness. In other word, counting happiness is much more difficult than counting dollar bills. How can we possibly make this connection? Well, money, specifically in large quantity, allows for the freedom to do and have anything you want. And in simplest term, happiness can be thought of as life satisfaction and enjoyment. So wouldn’t it make sense that the ability to do everything you desire, result in greater satisfaction with your life.
Unfortunately, there are many Americans out of work in today’s current declining economy. Unemployment can be defined as a person who is out of work involuntary, not by choice. These people are looking jobs and available to start work. Being unemployed can be disheartening and deciding what the next step is can be challenging. Underemployed can be described as being inadequately employed, such as a low-paying job that requires fewer skills than one possess. (Daly, Hobijn, and Kwok 2015) Making ends meet can be difficult for one who has been affected by this economy over the past few years. America still has a high unemployment rate since the decline of the current job market. And many Americans are struggling to establish the skills needed for employment, or the underemployed are force to lower they skill to make a profit. America’s economic status has force the underemployed and unemployed to make ends meet with the current jobs available. And last but not least some have also utilized these difficult times to venture into new discoveries to make life hassle free. So, we wonder is Americans giving up in today’s economy or do they settle for lower end job to establish a steady income to make ends.