Department of Uh-oh
Ceteris paribus, well-being reaches a minimum, on both sides of the Atlantic, in people’s mid to late 40s.
Here is the paper. It’s a good thing I don’t believe in that nasty happiness research…although here is a good defense of it…
Addendum: Speaking of the limits of economics, here is an excellent piece (excerpts only, buy today’s WSJ) on whether economists should study autism.