Where We Have the Best Work-Life Balance

For each of us, the metrics that measure well-being could vary. So, to start, you might want to try this OECD interactive exercise. Called “Better Life Index,” it lets you decide what the good life means. Or, you could just…

When Does Money Make Us Feel Good?

In 1974, a University of Pennsylvania economist concluded that there was a happiness plateau. Yes, we feel increasingly good as our income grows. But not beyond $75,000. Called the Easterlin Paradox, even if your earnings continue upward, they don’t bring…

Ranking Questions

Ranking income distribution, the Organization for Economic Cooperation and Development (OECD) says that Denmark is one of the most equal countries the world while Mexico is one of the least. For overall well-being, Gallup selects Virginia, Wisconsin and New Jersey…

Well-Being Yardsticks

Having just looked at the “Human Development Report 2010” from the UN, I thought of a former mayor of NYC, Ed Koch. Mayor Koch used to ask, “How am I doing?” Let’s assume that an economy can ask the same…