Wednesday, December 27, 2006

Be Happy

Here are few resolutions for the new year. I took liberty to borrow economic terms and put them to personal use:

Sustainable growth: aim to grow everyday. Expand your horizon. Learn something new.

Low inflation: in economic terms low inflation is one of the pillars to stable economic system. To achieve low inflation monetary discipline is required. On a personal level discipline is required to achieve one's objectives' in life. Making new year's resolutions is easy; sticking to them is the hard part and this requires discipline.

Low unemployment: stay productive. Be creative. Be passionate about what you do, and if you don't think you are.. well at least act like it. Attitude takes you a long way!

Diversify: try something new. Make new friends. Read a book you wouldn't usually read. You never know what you might find!

Be happy: isn't this what its all about? Or is it? It is noted that despite the world economy making headway towards prosperity in modern time, individual happiness have not budged according to surveys (where else.. The Economist, 23rd December 2006). World economy has grown at an annual rate of 3.2% per head since 2000 which is half way towards best decade ever in terms of growth. But happiness as measured by national surveys has not changed much over 50 years (same source).

Economic progress while elevating countries and the world overall to better standards of living, is no guarantee of higher individual level of happiness. It is once asked would you rather be a happy pig or a sad Socrates? Well the evidence is showing that pigs are not becoming any happier as they grow fatter!

So if economic progress and individual prosperity are not the key to happiness, what is? Perhaps a value system that channels progress and prosperity in a meaningful direction. Find out what this value system for you is and stick to it.. And remember to let others find out for their own.

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