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Med Jones and his Las Vegas-based team have spent over a decade studying happiness. (Al Arabiya) If there’s one thing that Med Jones, one of the few economists to predict the Great Recession of 2008, wants the world to know, it’s how to be happy. The solution to one of life’s most-pondered questions, as he unwraps it, is almost immune to being summed up in a pithy, abstract Dalai Lama-style aphorism. Personal happiness, says the 40-something economist - who was in Dubai to speak at the Positive Energy Forum, a summit for government employees - comes down to a rather cryptic formula of internal and external factors. “Happiness is a function of two variables,” he says. Lunch with economist Med Jones: How to be happy http://english.alarabiya.net/en/business/lunch-with-leader/2016/05/23/Lun... 1 of 6 5/22/2016 10:51 PM

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Page 1: Med Jones and his Las Vegas-based team have spent over a ... · pithy, abstract Dalai Lama-style aphorism. Personal happiness, says the 40-something economist - who was in Dubai to

Med Jones and his Las Vegas-based team have spent over a decade studying

happiness. (Al Arabiya)

If there’s one thing that Med Jones, one of the few economists to predict the Great Recession of 2008, wants

the world to know, it’s how to be happy.

The solution to one of life’s most-pondered questions, as he unwraps it, is almost immune to being summed up in a

pithy, abstract Dalai Lama-style aphorism.

Personal happiness, says the 40-something economist - who was in Dubai to speak at the Positive Energy Forum,

a summit for government employees - comes down to a rather cryptic formula of internal and external factors.

“Happiness is a function of two variables,” he says.

Lunch with economist Med Jones: How to be happy http://english.alarabiya.net/en/business/lunch-with-leader/2016/05/23/Lun...

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“There are things that you control. There are things that you cannot control,” says Jones, after being pushed for a

simpler answer. “The things that are external to you, the government, and where you are born, you cannot control

that. What you can control is your own perspective.”

Personal faith also plays a key role in being happy. “This is one insight that most scientists will hate me for,” says

Jones. He believes that the German theorist Karl Marx’s famous proclamation – that ‘religion is the opiate of the

masses’ - should be seen in a “positive way.”

“Just believing in a higher power will make you more resilient and happier,” he says. “[Belief] in God reduces is when

you become rich and you become successful and you become powerful. The correlation goes down.”

Decade-long study

After a meeting in the lobby, a day before the summit, Jones and this reporter head to Jamie’s Italian restaurant, a

high-street chain set up by UK celebrity chef Jamie Oliver.

Sitting down, Jones is happy to talk for a full 25 minutes before questions even begin.

“When I was young, a person asked me, if you are so smart, why are you not rich? When I became rich, I asked

myself, if I’m so smart, why am I not happy?” he says over a pineapple juice, the only thing he can be persuaded to

order.

Jones’s expertise comes from over a decade of study into happiness – and he says he is compiling concrete steps

for governments around the world to put his findings into action.

His source of inspiration for the subject comes as a surprise. Back in 1972, the king of Bhutan, a tiny hermit nation

tucked away in the Himalayas, floated the idea of national happiness as a serious, formal indicator styled on

conventional economics.

“Gross National Happiness [GNH] is more important than Gross National Product,” Bhutan’s silk robe-wearing

monarch, sometimes known as the dragon king, proclaimed at the time.

“Unfortunately,” Jones says, “30 years forward, he didn’t do anything about it.”

Intrigued, Jones set out to explore a subject that many purveyors of ‘the dismal science’ usually deem untouchable.

At is turns out, happiness, much like opinions on movies, food, and the prospect of a Donald Trump presidency, is

very subjective.

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A view of a central square in Copenhagen, Denmark. The European nation has been ranked by the UN as the

world's happiest country. (Shutterstock)

“Unless you provide them [economists] with the framework to manage and track the well-being and happiness of

their people they’re not going to do anything about it,” he says.

The work and ideas of Jones and the team of over 50 people he leads at the Las Vegas-based International Institute

of Management in Las Vegas soon gained momentum.

In 2009, the-then French president, Nicholas Sarkozy, announced a plan to measure happiness instead of gross

domestic product, a more traditional state benchmark. The UK followed several years later, with the creation of a

‘National Well-being’ index in 2012.

But according to Jones, the measures haven’t worked. “Since 2009 until now, none of them [France and the UK] has

gotten happier,” he says.

Due to its subjective nature and scope, a more time is needed to be able to present concrete, factual conclusions

on global happiness, Jones says.

Happiness deluge

A plethora of happiness indexes now exist: the Happy Planet Index, started in 2006 by the British-based New

Economics Foundation; the UN’s World Happiness Report, which started in 2012; and the US-based Social

Progress Index, which began in 2013. Washington-based polling firm Gallup started a well-being index in 2009,

which now measures what it calls ‘global emotions’ in 140 countries.

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Pictured: Desperate refugees queue for food at a camp south of the Syrian capital Damascus in Jan. 2014.

War-torn Syria has been ranked as the world's unhappiest country by US polling firm Gallup. (AFP)

The indexes disagree on what makes a happy nation: Costa Rica is at the top of the Happy Planet Index, while

Denmark, Norway and Paraguay lead the other three lists. The world’s unhappiest country, according to the indexes,

is either Chad, Burundi, Zimbabwe or Syria.

However, Jones has scathing words towards rival institutions that claim to rank happiness around the world,

describing them as “copycats.”

“I do not suggest that these respected institutions or economists are lying, I’m saying that their bias is causing them

to mislead themselves and the public,” he says.

“The studies that are coming right now, they are great PR, but they are not great science…. you cannot have a

science after three or four years” he adds.

“You need 25 years, one generation at least of a reliable body of knowledge for you to make conclusions.”

His institute, meanwhile, has put together its own global index – although he says it still has “five or six” years to go

before an accurate, decisive methodology and ranking can be published.

The UAE is currently ranked as 28th on the UN’s report, flanked by the Czech Republic and Uruguay. Unsurprisingly,

Jones disagrees with the ranking.

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People watch a fountain display next to an upscale shopping mall in Dubai, the United Arab Emirates. Jones ranks

the UAE as one of the world's happiest countries. (Shutterstock)

“They’re already ranked higher on our list. We didn’t share that with the UAE government, but they already rank

higher [than Israel],” he says. In 11th place, Israel is the happiest Middle Eastern country on the UN’s list, nestled

between Sweden and Austria.

Although hesitant to provide details, Jones said that he ranks the UAE as among the top ten happiest countries in

the world.

“It has to do with the three things: safety of the people, their health, their economic opportunities, and their

relationships. It’s as simple as that,” he says.

National well-being is something that UAE authorities take seriously. In February, the country rolled out a formal

ministry of happiness. During her swearing-in ceremony, the new happiness minister, Ohood al-Roumi, appeared

to embody her new role by sporting a gold necklace spelling out the word ‘Happy.’

Happy or not?

As a field of study, happiness seems paradoxical – a fact that decades of tabloid reports on the chaos and disorder

from Hollywood’s rich and famous seem to attest.

“They have what appears to be perfect socio-economic conditions, they have all the money, all the fame, all the

lovers, yet they struggle emotionally, they can’t keep a healthy relationship, they need to be in psychotherapy for a

long time, they’re addicted to drugs or alcohol,” says Jones.

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His reason for this is complex. The internal variables of many celebrities – their perspectives, learning and actions

in response do not keep up with the massive changes going with their lives – cannot match the almost-ethereal

external variables brought on by fame and fortune.

Despite his cheery, energetic manner – and a level of insight into happiness that might rival that of an ancient sage

– Jones puts his own level of happiness lower than one might expect.

“Average. Average,” he says. “But I have increased my happiness significantly over the past few years, more than I

have been in the past 40 years or so.”

Last Update: Monday, 23 May 2016 KSA 01:46 - GMT 22:46

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