News Flash: Money Does Buy Happiness; At Least, Economist Angus Deaton Thinks So. But He Also Believes That a Focus on Happiness May Do More Harm Than Good, Particularly in Emerging Countries (Interview‪)‬

Byline: A GMJ Q&A with Angus Deaton Dwight D. Eisenhower Professor of International Affairs and Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs and the Economics Department at Princeton University Synopsis: Economist Angus Deaton thinks so -- or at least, money can buy you a more valued life. But he also believes a focus on happiness may do more harm than good, particularly in emerging countries. He also wonders if foreign aid -- both social and financial -- to emerging countries might be harmful. Read this very provocative conversation.