Between 1950 and 2000 American GDP grew from $2 trillion to $12 trillion. Real per capita income doubled. The newly invented contraceptive pill made sex freer than ever. Women, gays, African Americans and other minorities finally got a bigger slice of the American pie. A flood of cheap cars, refrigerators, air conditioners, vacuum cleaners, dishwashers, laundry machines, telephones, televisions and computers changed daily life almost beyond recognition. Yet studies have shown that American subjective well-being levels in the 1990s remained roughly the same as they were in the 1950s.
