It seems a simple matter of logic that increased choice improves well-being. But, in fact, the opposite is true. Respected social scientists such as psychologist David G. Myers and political scientist Robert E. Lane tell us that increased choice and increased affluence have, in fact, been accompanied by decreased well-being.via Parade Magazine
The American “happiness quotient” has been going gently but consistently downhill for more than a generation. In the last 30 years—a time of great prosperity—the proportion of the population describing itself as “very happy” has declined. The decline was about 5%. This might not seem like much, but 5% translates into about 14 million Americans.
Not only that, but today, as a society, more Americans than ever are clinically depressed. By some estimates (for example, those of psychologist Martin Seligman in his book Learned Optimism), depression in the year 2000 was about 10 times as likely as it was in 1900.
Of course, no one believes that a single factor explains this. But accumulating evidence from psychological research indicates that the explosion of choice plays an important role. It seems that as we become freer to pursue and do whatever we want, we get less and less happy.