The connection of subjective well-being and material state indicators of the pensioners (original) (raw)
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The question of how we can experience more satisfaction and less pain is the one, which was raised from times of ancient philosophy-the background of all modern sciences. Dilemma between scarce resources and infinite human needs became the ground stone of economic science. Individual or society well-being maximisation, which was reached by minimising costs and increasing all types of Violeta PUKElIENĖ, Justinas KISIElIAUSKAS the influence of income on subjective well-being The phenomena of materialism in science, led to the direct link of income to well-being. Despite dualism of well-being (subjective and objective), it was interpreted as mostly influenced by income, what led to uncontrolled worldwide economic growth explained by increase of welfare. The object of this article is the influence of income to happiness. The aim is to determine how economic factor of income influence subjective wellbeing (happiness) in the context of Europe. Following questions can reflect the problem of this article: Do inhabitants of wealthy countries have higher evaluation of happiness? Does higher income guarantee higher happiness? Does increase of income lead to the increase of happiness?
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