Article 1BT4P How less stuff could make us happier – and fix stagnation

How less stuff could make us happier – and fix stagnation

by
Katie Allen
from on (#1BT4P)
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Bank of England blogger suggests Buddhism-inspired trend of mindfulness is teaching consumers that less is more

Has western society reached "peak stuff"? If reports that once-insatiable shoppers are starting to cut back are true, what are the consequences for the old economic theory that more consumption equals greater happiness?

That is a question a Bank of England blogger has posed, with interesting and upbeat conclusions.

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