The loss of happiness in market democracies Book

In this book, Lane deeply explores extensive survey and experimental data studies of subjective well-being and depression. He finds evidence of growing unhappiness in the U.S. and rising clinical depression in all advanced market democracies. In seeking to account for this "infelicity," Lane broadly inquires how markets, democracies, and individuals fail to help people in their pursuit of happiness. He shows how market economies contribute to ill-being and how political democracies fail to repair the damage. He finds that in truth happiness is found in our relationships with family and friends rather than a large salary (as long as one is above the poverty line). Lane presents a powerful, very different view of the supposed recent triumph of market democracies.