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2018 | OriginalPaper | Chapter

15. Beyond Material Aspects

Author : Bruno S. Frey

Published in: Economics of Happiness

Publisher: Springer International Publishing

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Abstract

These are the most important insights of modern happiness research: People with higher income are happier, but this effect becomes weaker and weaker as income rises. Good social relationships, physical and psychological health, and democracy as well as decentralized political decision-making raise happiness. Several insights of happiness research are inconsistent with human beings being rational and egotistic: Unemployed people are much less satisfied with their lives even though they have more leisure time. Self-employed people work harder, but thanks to higher autonomy report being happier. People who care for others by donating money and engaging in voluntary work are happier. Human well-being is no longer intimately connected with the provision of material goods. Material aspects are not to be neglected, but self-determined work is of crucial importance for happiness.

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Literature
go back to reference Frey, Bruno S., Jana Gallus, and Lasse Steiner. 2014. Open Issues in Happiness Research. International Review of Economics 61 (2): 115–125.CrossRef Frey, Bruno S., Jana Gallus, and Lasse Steiner. 2014. Open Issues in Happiness Research. International Review of Economics 61 (2): 115–125.CrossRef
go back to reference Kay, John. 2012. Obliquity. Why Our Goals Are Best Achieved Indirectly. London: Penguin. Kay, John. 2012. Obliquity. Why Our Goals Are Best Achieved Indirectly. London: Penguin.
Metadata
Title
Beyond Material Aspects
Author
Bruno S. Frey
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-75807-7_15