“We have a tendency to redefine things as problematic the less problems there are,” Ridley said. Countries previously thought of as poverty-stricken are seeing a rising economy, while developed countries are leveling themselves. He said inequality between countries is going down faster than we expect, especially compared to the financial crisis. “Compared to our ancestors, we live like kings,” Ridley said.
When a larger sample size was interviewed about their finances and happiness levels, the results pointed to an increase in happiness when wealth was also increased. He said the study that spurred this belief was based on a bad sample. “It used to be thought that the richer people got, the less happier they got,” Ridley said.
Ridley used the feeling of happiness as an example. “Good news is gradual while bad news is sudden,” he said. Ridley said while upsetting events often happen in an instant, happy stories take time to develop. “We could have had a headline in the newspaper this morning: ‘137,000 people lifted out of poverty yesterday.’ It would have been true the day before.
#AUTHOR OF OPTIMISM FOR FREE#
Ridley was the second presenter of the Center for Free Enterprise’s fall speaker series, and he said the world isn’t as bad as it seems. 10, author Matt Ridley delivered a presentation titled “Optimism and Innovation” to an audience of about 50 in the College of Business. Despite the power outage that affected campus, Wednesday, Oct.
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