Caba.org.uk:
Happiness depends on mental health, not money, say economists
2 November 2017
According to the Origins of Happiness report, eliminating mental health issues such as depression and anxiety would increase happiness by 20%, whereas eliminating poverty would increase happiness by only 5%. In other words, tackling mental health problems would be 4 times more effective at increasing happiness than reducing poverty. And the best part, say the researchers behind the report is that reducing mental illness doesn't have to cost a penny. Led by top economist Lord Richard Layard, the team of experts at the London School of Economics' Centre for Economic Performance investigated the best ways of achieving happiness, reducing misery and promoting wellbeing.
Associated article
Vox
Origins of happiness: Evidence and policy implications
Andrew Clark, Sarah Fleche, Richard Layard, Nattavudh Powdthavee and George Ward