Comparonomics: Why Life is Better Than You Think and How to Make it Even Better

You and most people around you are likely to be in the wealthiest 1% who have ever lived. Yet why, for so many people in rich countries, does progress not make us feel better?

With the help of a new tool, Comparonomics delves into the factors that make us feel bad and reaches some surprising conclusions. Not only are we much better off than we – or the economists – think we are, but the things we aim for like economic growth, improved social mobility, and equality don't impact most of the fe...