Longitudinal studies are rare. And the reason for this is not hard to find. They take time, a lifetime, for example, if you want to determine if X lived a happy life, and on what most of all that happiness was based. “Croesus,” Solon replies, “I see that thou art wonderfully rich, and art the [...]
Archive for May 15, 2009
What Makes Us Happy?
May 15, 2009“largesses” or bailouts from the public treasury
May 15, 2009A Scottish economist, Alexander Fraser Tyler, professed this opinion already in 1776: “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesses from the public treasury. From that moment on, the majority always votes for the candidates promising them the most [...]
