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Growth is good

Don't believe everything you read—getting richer does actually make you happier

By Will Wilkinson   October 2006

David Cameron says, “It’s time we admitted that there’s more to life than money, and it’s time we focused not just on GDP, but on GWB—General Wellbeing,” by which he means happiness. With Cameron’s endorsement, the cockle-warming politics of happiness has officially become a multi-partisan affair, no longer the property of Labour peer Richard Layard and other social democrats. And why shouldn’t it be? Certainly no one disputes that there is more to life than money, or more to politics than the size of the economy.

However, Cameron’s contrast implies that increased GWB might have to come at the expense…

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