ESRC press coverage
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Changing face of life on benefits presents a new set of challenges

Changing face of life on benefits presents a new set of challenges | ESRC press coverage | Scoop.it

Blackpool has hit the No 1 spot. It wasn’t even in the top ten at the turn of the century. Stoke-on-Trent, scene of a by-election this week, has reached No 15 (out of 377).

ESRC's insight:

Paul Johnson is director of the ESRC-funded Institute for Fiscal Studies.

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However you spend it, money isn't the key to happiness

However you spend it, money isn't the key to happiness | ESRC press coverage | Scoop.it

How important, if at all, is having more money for our happiness and well-being? Unsurprisingly this question stimulates a lot of opinion and debate.But are people accurate in their predictions about the benefits of having money?


A new study published in the Journal of Positive Psychology highlights that people are often mistaken in how spending our money might benefit our lives. People are prone to forecasting errors – that is, they mistakenly predict future events to be better or worse than they actually turn out to be.

ESRC's insight:

This article was written by Christopher Boyce, Research Fellow at Stirling Management School at University of Stirling, Christopher is funded by the ESRC.


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