Jul 26
Relationship between money and wellbeing
Ice-cold beer - one of life's small pleasures

Ice-cold beer - one of life's small pleasures

Another new study (Quoidbach et al, 2010 – see details below) has been published on the topic of money and well-being, specifically, whether being wealthy enough to access the best things in life affects your ability to savour small pleasures.

The research suggests that wealthier individuals report lower savoring ability, and even being reminded of wealth produces the same negative impact on savoring as actual wealth. In fact, you don’t actually need to enjoy any peak experiences (such as spending time on a tropical beach holiday) for your savoring ability to be impaired – simply knowing that these peak experiences are readily available may increase your tendency to take life’s small pleasures for granted.

For a full review of the research and its implications, see Positive Psychology News Daily.

Reference:

Quoidbach, J., Dunn, E.W., Petrides, K.V. & Mikolajczak, M. (2010). Money giveth, money taketh away: The dual effect if wealth on happiness. Psychological Science 21 (6), 759-763.

Image:

Cold beer courtesy of niel schubert

Oct 26
Positive psychology, positive thinking, health and the economy

41NwyD4aVbL._SL500_AA240_1.jpgHere’s a link to a US radio show ‘To the point’, featuring Barbara Ehrenreich, author of  ‘Bright-sided: How the relentless promotion of positive thinking has undermined America‘ and Robert Biswas-Diener, a psychology instructor at Portland State University; they discuss the connections between Positive Psychology, happiness and positive thinking and health and the economy (you need to wind forward to 30 minutes to hear this part of the programme, although I recommend you listen to all of it if you have time).

I’m astonished that Ehrenreich links the current economic crisis to positive thinking; what about the role played by good old fashioned greed? Or lack of effective financial regulation? Or technology, which has enabled high-frequency trading (aka casino banking). Surely these are far more likely culprits. By blaming positive thinking we’re unlikely to take the action necessary to avoid the same thing happening again in the future.

There’s been a lot of negative press in positive psychology circles about Ehrenreich’s criticisms of positive psychology, but what I hadn’t appreciated until now was her suggestion that the provision of a welfare state in Scandinavian countries (and presumably also the UK) might be due to pessimistic thinking. And there was I thinking it was because we cared about our fellow beings.

And whilst I agree with her that the US should think long and hard about being 22nd on the list of happy countries, what she doesn’t then question is how this can be the case if America IS the land of positive thinking that she claims it is.

Thanks to Robert Biswas Diener for the link.

Feb 6
Life after Redundancy?

We were talking about this just the other day: so here’s an uplifting tale from the States (where else?) on the positive after-effects of losing your job.

The moral of the story? Write a best-seller about your experience, and sell the film rights!

Thanks to Caroline Rivka for the link

Image: Alex Cheek, reused under Creative Commons License

Aug 31
Wealth, Happiness and Life Satisfaction

Here’s my latest article on Positive Psychology News Daily on that age-old subject of wealth and happiness. It seems to have caused a bit of a stir with some readers, judging from the number of comments (32 as of today), although maybe not for the right reasons!

Never mind, I’m sure you’ll find the recent research interesting. Feel free to write your comments on the Positive Psychology News Daily site itself.

Image: thisduck

May 28
Iceland – the Happiest Country?

As with any happiness or life satisfaction league table, who comes top depends on exactly what’s being measured and how. In this article by The Observer journalist John Carlin, Iceland is referred to as the happiest country in the world. How can this be? We all know that it’s Denmark!

Carlin’s conclusion is based on Iceland’s ranking in the Human Development Index (HDI), one of the four United Nations assessments of human potential – it measures three basic dimensions – a long and healthy life, education and a decent standard of living.

1. Health is measured by life expectancy at birth,
2. Education is measured by a combination of the adult literacy rate and the combined gross enrolment ratio in primary, secondary, and tertiary education,
3. Standard of living is measured by Purchasing Power Parity (PPP US$).

So the HDI isn’t actually quantifying either happiness or life satisfaction, and it’s questionable (in Positive Psychology terms) whether health, wealth and education significantly contribute to happiness anyway.

In fact there are some elements of Icelandic society which would contradict the conclusion that it’s one of the best countries in the world to live in, for example, the highest divorce rate in Europe. However, this doesn’t mean they have unhappy families – in fact writes Carlin, “The kids will be just fine, because the family will rally round them, and likely as not, the parents will continue to have a civilised relationship, based on the usually automatic understanding that custody of the children will be shared”.

The article provides further insights into those character traits which might explain why Icelanders are generally happy people (if not the happiest), for example, optimism, resilience, self-confidence and a can-do attitude. That said, if we follow Lyubomirsky’s “Happiness Pie” model, after genes (50%), what we chose to do with our time is the largest contributor (40%) to our happiness – do we have any readers who could comment on how the average happy Icelander spends his/her time?

Whether or not it’s the happiest country, Iceland takes first place in the 2007/08 HDI, followed by Norway, Australia, Canada and Ireland. The USA is in 12th position, Denmark 14th and the UK 16th. At the bottom , not surprisingly are the West African countries of Guinea (175th), Burkina Faso (176th) and Sierra Leone (177th). For the full list, see here.

Image: Gúnna

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