"..... says that more income is not necessarily associated with more happiness. He notes that even if your income is rising, but others are getting richer faster, that can undermine personal happiness."
"Traditionally, when people referred to wanting to be happy, they spoke in terms of wanting to be rich," he says. "As societies have become richer but not necessarily happier, people are now increasingly making the distinction between wealth and happiness. The two clearly have an intimate but not exclusive relationship."
