The Economics Of Happiness By John Ikerd: Article Analysis

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In the article “THE ECONOMICS OF HAPPINESS", John Ikerd review the ideas within economic history and the effects of economic on our happiness. I think that while all of us want something so much that we think that if we own it; it will make us happier. We can see that advertisements of gadgets such as Apple products: iPod and especially iPhone and iMacs computers try to sell us the illusion that buying their products would make us special and unique. Psychological research shows that happiness that comes from buying a new product is only temporary and lasts only for a short time. In addition, statistics show that 1 in 10 Americans will suffer from depression, which means we became a nation of unhappy people despite all the wealth we have. I
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