Is affluence a good thing? The book The Challenge of Affluence by Avner Offer (2006) argues that economic prosperity weakens self-control and undermines human well-being. Consistent with a pessimistic view, we show that psychological distress has been rising through time in modern Great Britain. Taking over-eating as an example, our data reveal that half the British population view themselves as overweight, ...
In:
Economic Journal
117 (2007), 521, F441–F454
| Andrew J. Oswald, Nattavudh Powdthavee