Happiness Around the World the Paradox of Happy Peasants and Miserable Millionaires

Abstract

This is a review of the book “Happiness around the world: the paradox of happy peasants and miserable millionaires,” written by Carol Graham, and published in 2009 by Oxford University Press Inc., of New York, USA. This book’s major aim is to address what makes people happy from an economic point of view. The aim of the book is twofold: first, to address the shortcomings of economic assumptions and research methodologies and second, to introduce the lessons learned from happiness surveys into policy. The book is recommended to a broader diverse audience, including social scientists and economists. The book could also be of assistance to research methodologies for economists at large.