Richard Layard, professor at the London School of Economics: There exists paradox in our lives. Most people want to get higher and higher incomes and work hard to achieve this. But despite the increasing abundance of Western society, people do not feel happier and happier. Economic growth does not guarantee to make people happier. To say something good, it is in vain to pursue material wealth, and the more likely result is to make people even unhappier.
According to Richard Layard, happiness has nothing to do with people's income is an incorrect statement.