VoxDev 2d ago

Does life satisfaction go down as living standards go up? Over the last 60 years, Malaysians have experienced the highest levels of income growth in Southeast Asia – and yet, in 2018, they voted out the party that delivered it. On paper, it didn't make any sense, but focus group discussions would later reveal the economic reality on the ground. Thus, revealing how economic growth changes the conditions under which people assess economic progress. #economics #malaysia #todayilearned #learnontiktok #politics