“The more television people watch, the more they overestimate the affluence of other people. And the lower they rate their own relative income. The result is that they are less happy.” — Richard Layard Copy Share Image
“It is actually a rather sorry tale. In the late nineteenth century most English economists thought that economics was about happiness. They thought of… — Richard Layard Copy Share Image
“We need a revolution in academia, with every social science attempting to understand the causes of happiness.” — Richard Layard Copy Share Image
“External effects are everywhere. Almost every major transaction we make affects other people who are not a party to the transaction. When someone buys… — Richard Layard Copy Share Image
“The more television people watch, the more they overestimate the affluence of other people. And the lower they rate their own relative income. The… — Richard Layard Copy Share Image
