In a
modern, consumer society, can money buy happiness?
How important is happiness and what impact
does it have on economic policy?
Recent research by economists at the UK's
University of Warwick into the interplay of money and happiness
shows that, when it comes to happiness at work, 'rank' is the most
important factor - where you are in the hierarchy rather than how
much you earn.
In a conference, held in Washington DC at
the Brookings Institution, economic experts from around the world
met to compare research and offer insights into the importance of
happiness in the workplace.