How to Be Happy in a Recession
“How to Build a Life” is a weekly column by Arthur Brooks, tackling questions of meaning and happiness. Click here to listen to his podcast series on all things happiness, How to Build a Happy Life.
After years of historically loose monetary policy, trillions of dollars in stimulus checks, and supply-chain wreckage during the coronavirus pandemic, perhaps we shouldn’t be surprised that a recession is looming, and may already be upon us. But the fact that it is predictable doesn’t make the high prices, effectively lower wages, and tanking investments hurt any less.
You might be forgoing discretionary purchases just to fill up your gas tank and buy groceries. Perhaps you are postponing your vacation, or rethinking a much-anticipated life change, like getting married or moving. And although the
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