How less stuff could make us happier – and fix stagnation
by Katie Allen from on (#1BT4P)
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.
Continue reading...