Confirmed: Money really CAN’T buy happiness.

Italian researcher Luisa Corrado was among the those honored today at the European Science Awards Ceremony, for her work on whether wealth can bring happiness. Corrado received one of five Marie Curie Excellence Awards, which recognize excellent researchers who have participated in the EU’s researcher exchange program.

Working at the University of Cambridge Faculty of Economics, Corrado led research that maps European feelings of well-being. Her report confirms the old adage that money can’t buy happiness. In countries where the population said that they trusted the government and other institutions, a high income made people happier still, but in those countries where such trust was lacking, even the richest tended to be less happy.

The Danish emerged as the happiest people in Europe, while the British rank ninth. Dr. Corrado said, “One thing that is clear from the report is that it is not enough for governments to focus on improving wealth. Our well-being would be more likely to flourish in a mutually supportive and trusting society.”

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