You can't buy happiness, or?

According to a recent study money does actually make you happy. Two US economists says that the richer country the happier inhabitants.

The research contradicts several earlier findings, which have suggested that higher national earnings do not translate to a happier populace - a belief which led French president Nicolas Sarkozy to announce an effort to find other ways of measuring national success that takes in to account quality of life.

However, a paper by Betsey Stevenson and Justin Wolfers, economists at the Wharton business school at the University of Pennsylvania, suggests that this somewhat paradoxical state of affairs is not actually true.

Basing their findings on improved statistics covering more countries, the researchers claim that the higher your GDP, the wider your smile.

Of course it's always easier to be happy with money, but with money comes also grief. So as always too much of a good thing isn't good for you.