• About Us
  • Contact Us
  • Cookie policy (EU)
  • Home
  • Privacy Policy
  • Video
  • Write for us
Today Headline
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
No Result
View All Result
TodayHeadline
No Result
View All Result

Rich countries that let inequality run rampant make citizens unhappy, study finds | Inequality

April 17, 2022
in Enterprise
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Countries that allow economic inequality to increase as they grow richer make their citizens less happy, a new study shows.

Until now, researchers have believed that inequality was largely irrelevant to levels of life satisfaction, according to Dr David Bartram at the University of Leicester.

But his study of 78 countries spanning four decades – the largest longitudinal research of its kind – punctures that myth, he said.

“When inequality increases, people with high incomes don’t benefit much from their gains – many rich people are focused on those who have even more than they do, and they never feel they have enough,” Bartram said.

“But people who earn little really suffer from falling further behind – they feel excluded and frustrated by not being able to keep up even with people who receive average incomes.”

Bartram’s research, which is due to be presented at the British Sociological Association’s online annual conference on 21 April, examined survey data of life satisfaction levels, where people rate their life satisfaction on a scale of one to 10, and linked it to Gini coefficient numbers – a measure of inequality – from 1981 to 2020.

In 1981, as the UK was gripped by a recession, life satisfaction stood at 7.7. But during the economic boom of the 1980s, inequality grew, and the research shows that the happiness figure dropped to 7.4 by 1999.

However, as measures to reduce inequality began to take effect, happiness slowly returned so that by 2018, life satisfaction stood at 7.8.

“The data from the UK feeds into a more general finding – in wealthy countries increased inequality has a substantial negative impact on life satisfaction, and inequality has increased in most wealthy countries in recent decades,” Bartram said.

This link between higher inequality and lower life satisfaction is repeated elsewhere, Bartram said.

Any country that moved from the lowest quarter of countries in terms of inequality to the highest quarter saw a decrease in life satisfaction of about 0.4 on the 10-point scale, he found.

India’s life satisfaction declined from 6.7 in 1990 to 5.8 in 2006 as inequality rose. By 2012 it was still lower than in 1990, despite the country’s prolonged economic boom.

The US and Australia also both saw pronounced falls in life satisfaction, but those countries where inequality had fallen were generally happier, such as Poland, Peru, Mexico and Ukraine, before the Russian invasion.

The lesson for policymakers is that inequality matters, Bartram said.

“In some of the previous research, you see people saying ‘inequality isn’t that big a deal, so all efforts to address inequality are misguided because inequality is beneficial’.

“I think that’s misguided – inequality is generally damaging to people’s life satisfaction so we should pay attention to efforts to mitigate it,” he said.

Previous Post

Fueled Up Is A Four-Player Couch Co-Op Game Set In Space Developed By Fireline Games

Next Post

Scotland hotel review: Inside Killiecrankie House in Perthshire

Related Posts

Enterprise

Europe’s growth forecast cut as energy crisis drives up inflation – business live | Business

Europe's growth forecast cut as...

Read more
How to Earn Money as a Freelance Content Writer Worldwide
Enterprise

How to Earn Money as a Freelance Content Writer Worldwide

Opinions expressed by Entrepreneur contributors...

Read more
Enterprise architects take charge of the digital revolution
Enterprise

Enterprise architects take charge of the digital revolution

Written by Joe McKendrick, Contributor...

Read more
Enterprise

Data the dog: Twitter turns its privacy policy into an old-school video game | Twitter

On Friday, Elon Musk announced...

Read more
6 Questions to Ask Yourself Before Investing in Real Estate for Your Business
Enterprise

6 Questions to Ask Yourself Before Investing in Real Estate for Your Business

Opinions expressed by Entrepreneur contributors...

Read more
Load More
Next Post
Scotland hotel review: Inside Killiecrankie House in Perthshire

Scotland hotel review: Inside Killiecrankie House in Perthshire

  • Trending
  • Comments
  • Latest
Vicky White news – latest: Recordings of jailhouse phone calls prove guard’s relationship with Casey White – The Independent

Vicky White news – latest: Recordings of jailhouse phone calls prove guard’s relationship with Casey White – The Independent

6 Injured After Small Plane Crash Lands on Miami Bridge, Hitting SUV and Catching Fire – NBC 6 South Florida

6 Injured After Small Plane Crash Lands on Miami Bridge, Hitting SUV and Catching Fire – NBC 6 South Florida

Horror as goat gives birth to ‘humanoid kid’ with baby-like face

Six times actors really romped in sex scenes that make 365 DNI look tame

Six times actors really romped in sex scenes that make 365 DNI look tame

Should You Mix And Match COVID Boosters For Your Fourth Dose? – HuffPost

Should You Mix And Match COVID Boosters For Your Fourth Dose? – HuffPost

Kids can show anxiety symptoms early on. Heres how to spot them – CNN

Kids can show anxiety symptoms early on. Heres how to spot them – CNN

Your Case of Omicron Might Have Super-Boosted Your Immunity—If You Were Vaccinated – Gizmodo

Your Case of Omicron Might Have Super-Boosted Your Immunity—If You Were Vaccinated – Gizmodo

Antibiotics Can Lead to Life-Threatening Fungal Infection Because of Disruption to the Gut’s Immune System – SciTechDaily

Antibiotics Can Lead to Life-Threatening Fungal Infection Because of Disruption to the Gut’s Immune System – SciTechDaily

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

Should You Mix And Match COVID Boosters For Your Fourth Dose? – HuffPost

Should You Mix And Match COVID Boosters For Your Fourth Dose? – HuffPost

Kids can show anxiety symptoms early on. Heres how to spot them – CNN

Kids can show anxiety symptoms early on. Heres how to spot them – CNN

Should You Mix And Match COVID Boosters For Your Fourth Dose? – HuffPost

Should You Mix And Match COVID Boosters For Your Fourth Dose? – HuffPost

Kids can show anxiety symptoms early on. Heres how to spot them – CNN

Kids can show anxiety symptoms early on. Heres how to spot them – CNN

Your Case of Omicron Might Have Super-Boosted Your Immunity—If You Were Vaccinated – Gizmodo

Your Case of Omicron Might Have Super-Boosted Your Immunity—If You Were Vaccinated – Gizmodo

  • Real Estate
  • Education
  • Parenting
  • Cooking
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

No Result
View All Result
  • Real Estate
  • Education
  • Parenting
  • Cooking
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Posting....