Found 3 article(s) for author 'social welfare'

Good Credit and the Good Life: Credit Scores Predict Subjective Well-Being

Good Credit and the Good Life: Credit Scores Predict Subjective Well-Being.¬†Ashley Whillans, 2018, Paper, “Can money buy happiness? To examine this question, research in economics, psychology, and sociology has focused almost exclusively on examining the associations between income,
spending or wealth and subjective well-being. Moving beyond this research, we provide the first empirical evidence that credit scores uniquely predict happiness. Across two samples, from the United Kingdom (N=615) and the United States (N=768), credit scores predicted life satisfaction even after controlling for a range of financial covariates, including income, spending, savings, debt, and home-ownership. Respondents with higher credit scores felt more optimistic about their future, promoting happiness.Link

Tags: , , , , , , ,

PM Narendra Modi’s Notes Ban Neither Intelligent Nor Humane: Amartya Sen To NDTV

PM Narendra Modi’s Notes Ban Neither Intelligent Nor Humane: Amartya Sen To NDTV. Amartya Sen, November 30, 2016, Video, “Despotic and authoritarian” is how Nobel Laureate and Bharat Ratna Amartya Sen describes the decision to abruptly ban 500- and 1000-rupee notes. “The alleged objective of dealing with black money is something all Indians would laud. But we have to ask whether this is the good way to do it? This decision is about minimal achievement and maximal suffering,” Dr Sen said, appearing from Harvard University on NDTV’s The Buck Stops Here.Link

Tags: , , , ,