BRITONS' increasing wealth is not making them feel better, research claims.
People may now be three times richer than they were in the 1950s on average but they are no happier.
People's sense of well- being has not kept up with their affluence.
The research found material abundance had been followed by social and personal disorders.
These included family breakdown, addiction, mental instability, crime, obesity, inequality, economic insecurity and declining trust.
Professor Avner Offer, of Oxford University, argues in his new book The Challenge Of Affluence that far from making us feel better, affluence actually breeds impatience, and impatience undermines well-being.
The flow of new rewards could actually damage people's capacity to enjoy them.