How Happiness has made me Happy

“Those only are happy who have some object other than their own happiness; on the happiness of others, on the improvement of mankind, even on some art or pursuit, followed not as a means, but as an ideal end. Aiming thus at something else, they find happiness by the way.”

John Stuart Mill, Philosopher, Father of Capitalism & Modern Economics

I’m happier since beginning to study happiness.

First off, I’m a learner. I need to be learning in order to be happy. I once came across a lovely simple recipe for happiness that stated it simply – one needs to truly live, to love and be loved, to learn and to leave a legacy for true happiness. Simple, almost too trite. For me, I found the learning part of this advice to be a missing ingredient to understanding my happiness. If I I’m not constantly learning, I realize, I get bored. Boredom and happiness are not easy companions. Over the last few years, the interest in happiness and research related to it has exploded. Happiness is no longer the exclusive domain of spiritual leaders. Until recently, psychology offered little to the study of happiness focusing almost exclusively on unhappiness and depression, the evil alter egos of happiness. Thankfully, happiness research is now becoming an integral part of neurobiology, sociology and now economics. Each day, there’s more to read, still more data to analyze, and more insights to make. For me, nothing makes me happier.

Secondly, the data makes me happy. Using it, I have learned that I shouldn’t expect to be happy all the time, despite society telling me I deserve the latest and greatest and that I’m but a quick pill pop away from solving my gloominess or other ‘dysfunction’. In a strange Darwinian way, scientists have recently found that temporary depression and unhappiness are necessary barometers of health, and ultimately for human survival. (Deep, long lasting depression` is unhealthy though). People aren’t getting happier in the rich West. As noted in the last issue, suicide, depression, anxiety and a whole host of problems are on the rise despite our newfound wealth. Research suggests that we get used to what we have very quickly. This habituation effect (I like to call it the ratcheting effect) helps explain why lottery winners on one extreme and recent parapalegics on the other settle back into old happiness levels. They simply adapt to their new circumstance.

Research also suggests our peer group and the people we associate with on a daily basis plays a huge role in our happiness. If everyone around you does well financially except you you can expect your happiness will be affected. Despite what we’d like to think, we’re a hierarchical species. Taking this research to heart, it would suggest disassociating from Bill and Melinda Gates and their social circle.

Thirdly, I have begun to make some important life choices to maximize my happiness. Call me a crazy economist, but I believe in data. Tempered with common sense, a knowledge of oneself (data only presents averages and generalizations

Fourthly, I become animated in talking about something I love and that others are struggling with. Like all teachers, I teach so that I may learn.

Originally published in Porch Magazine

Mike Stolte is the Happy Economist: happyeconomist@gmail.com