This month the class I am teaching is Microeconomics. It is fitting to post interesting discussions pertaining to the studey of microeconomics. Daniel Sgroi asks "Does happiness affect productivity?"
Do you readers have any personal experience with this relationship? Hve you found that being happy improves your job performance? Do you feel that you "slack off" when you are sad or angry? If you supervise others, have you noticed any relationship between happiness and productivity in your subordinates?
Does this work have implications beyond the workplace? What about news delivered to our homes constantly by 24/7 news stations? I have long believed that constant financial news filtered through optomistic reporters enhances market booms. While pessimistic reporting exacerbates rundowns in the stock market.
Of course macro connections are quite possible to make. The current economic slowdown and unhealthy labor market are prime contributors to happiness/unhappiness; are they also reflective of a collective mood?
Interesting topic. Any comments?
