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Day: September 8, 2022

Charting the Relationship Between Wealth and Happiness, by Country

by Nick Routley
This post is by Nick Routley from Visual Capitalist

Data visualization showing the relationship between wealth and happiness around the world

The Relationship Between Wealth and Happiness, by Country

Throughout history, the pursuit of happiness has been a preoccupation of humankind.

Of course, we humans are not just content with measuring our own happiness, but also our happiness in relation to the people around us—and even other people around the world. The annual World Happiness Report, which uses global survey data to report how people evaluate their own lives in more than 150 countries, helps us do just that.

The factors that contribute to happiness are as subjective and specific as the billions of humans they influence, but there are a few that have continued to resonate over time. Family. Love. Purpose. Wealth. The first three examples are tough to measure, but the latter can be analyzed in a data-driven way.

Does money really buy happiness? Let’s find out.

Wealth and Happiness

To crunch the numbers, we looked at data from Credit Suisse, which breaks down the average wealth per adult in various countries around the world.

The table below looks at 146 countries by their happiness score and wealth per adult:

CountryWealth per Adult (US$)Happiness Score
Finland 73,7757.8
Denmark 165,6227.6
Iceland 231,4627.6
Switzerland 146,7337.5
Israel 80,3157.4
Sweden 89,8467.4
Norway 117,7987.4
Netherlands 136,1057.4
Luxembourg 259,8997.4
Austria 91,8337.2
New Zealand 171,6247.2
Australia 238,0727.2
Germany 65,3747.0
United States 79,2747.0
Ireland 99,0287.0
Canada 125,6887.0
Czech Republic 23,7946.9
United Kingdom 131,5226.9
Belgium  (Read more...)

Join Us as We Explore The World at 8 Billion

by Niccolo Conte
This post is by Niccolo Conte from Visual Capitalist

The world’s population is set to reach 8 billion people this year. As we hit this milestone, many questions about the knock-on effects linger:

  • Do we have enough food and energy resources for growing populations?
  • What transport and living infrastructure is needed in growing regions, and how will further urbanization affect our planet?
  • When could global population growth stop, and what effects would this change in trend have?

These questions only scratch the surface of the changing world at 8 billion people and the effects of these changes.

Introducing The World at 8 Billion report, exclusive to VC+ members.

Our report explores the implications and trends of this milestone in population growth. Using impactful and digestible visuals, we’ll cut through the noise to bring you the insights that matter—all underpinned with the latest, verifiable data.

Don’t miss out.

To gain access to The World at 8 Billion report, all you have to do is become a VC+ member. By clicking and signing up below, we’ll send it straight to you when it’s released later this month.

Sign up for VC+

SPECIAL BONUS EVENT

VC+ Webinar: ‘Exploring the World at 8 Billion’

To give you even more value from the report, we’re putting on a special webinar to unpack the key findings, with Visual Capitalist team members diving into the details of the most important takeaways.

Moderated by our Managing Editor, Nick Routley, the webinar will offer a behind-the-scenes look at all the additional research by the VC team as (Read more...)

Collective Yields Impressive Results in Our Latest ESG Survey

by Georgian Team
This post is by Georgian Team from Georgian

We’re excited to share some of the results of our second annual ESG survey, which we use to collect data on how our customers (our portfolio companies) are performing against an array of ESG benchmarks. With an 87% participation rate, the responses our customers provided are critical to helping us better understand their ESG priorities, how they are progressing against industry benchmarks and where there are opportunities to create new programs to collectively address common challenges going forward. 

This year for the first time, the survey results revealed insights about The Collective, a collaborative working group methodology that we have established hand-in-hand with our customers to accelerate the adoption of ESG best practices. The Collective first formed in 2020 to co-create solutions to ESG challenges that are:

  • Action-oriented: The group wanted to find solutions they could actually implement.
  • Metrics-focused: The solutions are measurable and should remove barriers for diverse employees and candidates.
  • Efficient and value-added: The work has to fit within existing company growth and operational objectives.
  • Performance-driven: The outcomes need to contribute to company performance.

The first area the Collective chose to focus on was diversity, inclusion, belonging, and equity (DIBE) practices at their companies. 

In addition to looking at key findings the survey revealed about the DIBE Collective group, we also outline some of the biggest opportunities we see to use the same Collective approach to address other ESG challenges.

The Collective’s Outsized Impact

The DIBE Collective formed when our CEO working group identified talent (Read more...)

Talking About Entrepreneurship and Mental Health With David Cohen

by Brad Feld
This post is by Brad Feld from Brad Feld

David Cohen and I have co-hosted the Give First podcast for 71 episodes. I think our host ratio is 80/20 David/Brad, and he’s covered everything in 2021 because I was burned out on all things public-facing and needed a break.

He figured a good way to get me back in the mix would be to interview me about entrepreneurship and mental health, so that’s what Episode 71 is about.

Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.

The post Talking About Entrepreneurship and Mental Health With David Cohen appeared first on Brad Feld.

I Love New York But Here Comes Italy

by Howard Lindzon
This post is by Howard Lindzon from Howard Lindzon

I have had an amazing two days running around to meetings in New York.  Lower Manhattan is humming.

I continue to learn the subways (not that it is hard, more that I have been lazy and stubborn) which has really helped me move around

I have not been on the upper east side in years, but now Rachel lives up there and I got to see her apartment for the first time.  It was clean and neat (I did give her notice) and I am so happy for her.

I’m off to Italy tonight for the beginning of an incredible riding trip in the mountains around Lake Como.  Ellen is on her yearly sister trip, this year in Morocco.  She sent me this picture yesterday which made me smile:

Last night I met up for a few drinks with Rachel and my friends Dani Zoldan, Mike Dudas and Dan Altman. Dani is a local comedy legend who owns a comedy club on the upper west side, started ‘Stand Up NY’ and runs some great comedy festivals. For a while he was partners in the club with an old friend of mine James Altucher. James is to put it gently, a bit of a ‘character’ so we got to talking about old stories and how small a world it is. I shqred a story about how I met James and how once shadowed me for a day of meetings in New York and wrote about it.

I dug it up and (Read more...)