Is happiness just satisfaction?

How do we measure well-being?

Opinions differ on the definition of well-being. Yet there’s a growing consensus that it cannot be reduced to material consumption and that other aspects of life, such as health and good social relations, are essential to being well. Increasing well-being is generally accepted as one of the essential components of social progress, but if different aspects of life all contribute to well-being, can or should we construct an overall measure of it? For example, is “happiness” a good measure? Before we can begin to monitor social progress in terms of well-being, we need more clarity on the concept itself. ….[READ]