Oswald, Andrew J; Powdthavee, Nattavudh - Department of Economics, University of Warwick - 2007
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....
