What Makes Us Happier? Government or Free Market?


In view of the prevailing debates on the upcoming U.S. Presidential Election, I thought this question would be of interest.

Roughly, Democrat would say the former, and Republican the later.

Big data from around the world however point to a single, clear answer.   And that is certain [government] interventions in the market can improve human happiness.

Out of the three most important factors for happiness – social support, income security and health – the latter two can be most directly influenced by governmental policy.

[Source: What Makes Us Happier? Government or the Free Market?]

I suppose that absolute free market would be too risky/ chaotic for human taste. Just look at the past financial crises from market failures around the world as case in point.

What is your thought? Is there another answer?

This entry was posted in big data, Goals, leadership, Politics, social and tagged , , , , , . Bookmark the permalink.

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