Uncertainty is a cause of misery
Why are we so gloomy these days?
A new study shows we are worrying and smoking more, and sleeping less. On the face of it, the recession would appear to be the obvious culprit. Yet most of us still have far more money and comforts than our grandparents ever did.
No, the real problem isn’t the money it s the uncertainty.
Caught between a recession and a recovery, we don’t know if stocks are rising or tailing, or whether we’ll still have a job next week. And that feeling of uncertainty as a recent experiment by Dutch researchers has powerfully shown, upsets people far more than the knowledge that something bad will definitely happen. In the study, some subjects were told they would receive an intense electric shock 20 times, while others were informed that only three of the 20 shocks would be intense. The subjects facing mostly mild shocks found the exercise far more stressful than the others. When people know the worst, they mentally adjust to it, whereas an uncertain future leaves people stranded in an unhappy present.
So it is with today’s prevailing angst that we used to be happy with much less than we have now, and we could be again – if only we knew we had to.
Originally posted 2009-10-03 15:43:15.


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