Subjective wellbeing is all about expectations. For years, philosophers, psychologists and some economists have been arguing that a “well-lived,” happy life is one without too many expectations, hence the formula: wellbeing = reality – expectations (attributed to two economists (Baucells and Sarin) who published Engineering Happiness in 2012). Tailoring expectations is perhaps the trick: Many people in Finland and Denmark, consistently ranked as the world’s…
