Intangible Dividend of Anti-Poverty Effort: Happiness

In the early 1990’s, thousands of poor families were given federal subsidies to move out of low-income neighborhoods and into more well to-do ones. Social scientists believed the effects of this movement would be higher paying jobs, higher income overall, and better education. Ten years later, researchers discovered that things did not occur as was originally predicted. However, the families consistently reported an increase in happiness. Researchers estimated that their level of happiness was the same as familes that made $13,000 more a year. This study may lead the way for future endeavors in combatting poverty as it highlights the importance of mental health.Read the entire article here: Intangible Dividend of Anti-Poverty Effort: Happiness.