| US researchers have discovered that happiness directly influences heart disease. They have found that people were at the highest risk of the disease when they were the most depressed and stressed. It can not be proven that happiness prevents heart disease but the researchers emphasized that people should try to enjoy their lives. The researchers also suggested that people should try to find happiness in daily lives but not wait for two weeks of vacation to have fun. The research indicated that happier people have better sleeping patterns, suffer less stress, and are able to move on from distressful situations.
I think one externality is decrease in productivity. First of all, because people will try to be happier, like shows as one of the examples, they will try to go to bed early. If people go to bed early, they will not be able to do their jobs done as much as before. Then they will not be able to be productive. Also, if people try to suffer less stress, they will seek for easier jobs and not work hard in order to gain less stress. People might be happier by not gaining much stress from work, but they will not be able to be productive. Overall, the externality for trying to be happy for all the time is a decrease in productivity. People will attempt on focusing too much on” being happy” that they will not be able to be productive in work or school.
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February 18, 2010
Julie's IB Econ Blog 
February 20th, 2010 at 2:19 am
WOW it’s interesting how laughing and smiling will reduce heart diseases !! There’s a cut in the right side of your post, so its kind of hard to read BUT great job! It’s interesting ! xDxD
February 23rd, 2010 at 10:14 am
Julie, an very interesting article and a different perspective on happiness. Who exactly are the third parties that benefit. CAn you add a diagram to this post.