On Growth and Happiness

March 6, 2013

On Growth and Happiness

“Happiness is neither virtue nor pleasure nor this thing nor that but simply growth; we are happy when we are growing.”

I’ve always appreciated this quote by William Bulter Yeats and long associated growth with learning. I bought a set of World Book encyclopedias when I graduated from high school and remember opening the books at random. I rebuilt the engine of my ’67 Cougar with my not-yet husband. Yes, learning equals growth equals happiness. But is growth always good?

The economy’s growth, or overall welfare, is measured by GDP (gross domestic product), a calculation developed in the 1930s and 40s. GDP is the total value of all goods and services produced within a country, adjusted for inflation. Annualized growth of between 2% and 3% in the U.S. is desirable as it suggests business, jobs and personal income are all growing – and improving the lives 

I’ve always appreciated this quote by William Bulter Yeats and long associated growth with learning. I bought a set of World Book encyclopedias when I graduated from high school and remember opening the books at random. I rebuilt the engine of my ’67 Cougar with my not-yet husband. Yes, learning equals growth equals happiness. But is growth always good?

The economy’s growth, or overall welfare, is measured by GDP (gross domestic product), a calculation developed in the 1930s and 40s. GDP is the total value of all goods and services produced within a country, adjusted for inflation. Annualized growth of between 2% and 3% in the U.S. is desirable as it suggests business, jobs and personal income are all growing – and improving the live

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