Driven by a decline in satisfaction with work life and family life, overall well-being initially plummeted in countries directly affected by the fall of the Iron Curtain, reveals an important new study. The research, forthcoming in the August 2009 issue of the Journal of Economic Behavior and Organization (Richard A. Easterlin. â’Lost in Transition: Life Satisfaction on the Road to Capitalism,â’), expands our understanding of the correlation between happiness and democracy â” and whether economic concerns outweigh political reforms in their impact on subjective well-being. â’Although one might suppose these questions are of interest â” some might even say...