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May the Wellbeing Unit rest in peace, money can buy happiness

As the UK prepares to shut its 'happiness unit' , Paul Ormerod looks at why focusing on GDP is more likely to boost the country's wellbeing.

United statesUnited kingdomAngus deatonPaul ormerodMark killingsworthDavid cameronDaniel kahnemanRichard easterlinOffice for national statisticsWorks centre forAlliance business schoolWorks centreVolterra partnersUniversity of manchesterUniversity of pennsylvaniaWellbeing unit

Yes, money can buy happiness and our well-being doesn t plateau as we get richer

We've been asking ourselves, for ages, what is it that makes us happy. It turns out it was money all along

United statesDan kitwood gettyDaniel kahnemanZamira hajiyevaPaul ormerodAngus deatonMatthew killingsworthJahangir hajiyevRichard easterlinOffice for national statisticsUniversity of pennsylvaniaVolterra partnersGetty imagesKing midasLaureates angus deaton

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