Money vs. Autonomy: Round 78
July 8, 2011 Leave a comment
Two University of Wellington researchers are out with a new mega meta-analysis that seeks to answer which factor is a greater contributor to well-being. Score one for autonomy:
Using a 3-level variance-known model, the authors found that individualism was a consistently better predictor than wealth, after controlling for measurement, sample, and temporal variations. Despite some emerging nonlinear trends and interactions between wealth and individualism, the overall pattern strongly suggests that greater individualism is consistently associated with more well-being. Wealth may influence well-being only via its effect on individualism.
The results will surely be used by people of every political ideology to prove that their positions are right.