Article: Money may not buy happiness but neither does poverty.

In the past 50 years individual levels of wealth have increased by but so have crime, deprivation, depression and addictions to alcohol and drugs. Most of us believe that more money will make us happier; however, as societies become richer, does that wealth positively impact on our happiness?

The 'Recession: health and happiness' event on 26th February, may well provide a surprising answer. Lord Professor Richard Layard who has spent years researching the impact of wealth on wellbeing will argue the answer is 'not necessarily'.

Professor Layard's view is that the ultimate aim of public policy is to make people happier, so he will be addressing issues ...

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