Beauty Generates Higher Revenue, Ugliness Generates Penalty - Research

By STAFF Writer
November 15, 2011

An economics professor at University of Texas-Austin has published a book which says that beauty brings many real life benefits to people. For about 20 years Daniel S Hamermesh, the author of the book "Beauty Pays", has studied the economics of beauty. The economics professor says that attractive people generally enjoy much more advantages than their bad-looking counterparts. Using his research, he has collected the notes that says beautiful people are far more likely to be satisfied with their lives, earn more money and get a bank loan with much more ease and marry a highly educated and a good-looking spouse.

Beauty is hard to define. But, as Hamermesh said, a symmetrical face is generally considered beautiful. The expressions and the overall gestalt are also important. In the book Hamermesh said that better-looking people are also more productive than the average ones which lead to higher sales and also higher profits. The book has also given a description of how beauty generates higher revenue and ugliness generates penalty. Hamermesh wrote that good-looking people earned as much as $US 230,000 more in their lifetime than the others with average looks. These figures are however based on an estimate of $US 20 an hour of the year 2010 salaries.

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The earning disparity becomes even greater when gender is taken into account. Good-looking women earn up to four percent more while the handsome men earn up to three percent more.

 

In the 90's when Hamermesh's early research circulated, comedian Jay Lenko joked that if it was true then why did the Dallas businessman Ross Perot earn more than the actor Rob Lowe. To this the veteran economist replied, "Look, we don't talk about individuals; we talk about the average good-looking person and the average bad-looking person. There are always outliers."

So, it really is high time you start making an effort to look beautiful. Spend few dollars on your beauty product every month and earn in hundreds and thousands.

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November 15, 2011 | 0 comments

Global Population Expected 9bn By 2050, India To Topple China

By ONE Liners Agency
July 31, 2011

Harvard School of Public Health cites figures in its press release that global population may exceed 9 billion by 2050. In a review article of Professor David Bloom published in Science, it is learned that by 2100 the population is expected to rise to 10 billion. In 2011 it will top 7 billion, mentions the article, which is more than double what the global population was 50 years ago.

Bloom says that the growth will be highly uneven geographically. He adds that developed countries such as Germany and Japan may see flat population growth figure or even it may decline, but the developing countries are expected to explode. In developed countries demographics crisis can be faced as society will fail to produce enough adults who could take care of the old, where as the demographics will be challenging to the developing countries with food supply, water, housing and energy.


The report says that in Africa alone the population may grow to 1.1 billion, which will be 49% of the global projection by 2050.

However, it is a popular belief that earth will never run out of resources in accommodating the growing population. According to agricultural scientists, earth has more than enough land to feed all its population. Also, calculation reveals if the global population is packed in the density similar to New York City, the world population would fit in the state of Texas.


July 29 issue of Science magazine writes by 2050 India will topple China, the present largest population country of the world. India's population will grow to 1.69 billion from 1.24 billion where as the population of China would shrink from 1.35 billion to 1.3 billion.

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July 31, 2011 | 0 comments