18/03/2022
A new study by Alexander Lebedev entitled "Large-scale societal dynamics are reflected in human mood and brain" tests the hypothesis of "social mood" initially proposed by Robert Prechter, Jr. and further developed by John Casti. Employing state-of-the-art methods of big data analytics, the authors show that citizens' mood, wellbeing and related behavioural patterns (such as alcohol intake), as well as the anatomical characteristics of their brains exhibit close relationship with socioeconomic characteristics of a country, as indexed by capital market evolution, unemployment rates and housing prices.
The stock market is a bellwether of socio-economic changes that may directly affect individual well-being. Using large-scale UK-biobank data generated over 14 years, we applied specification curve analysis to rigorously identify significant associations between the local stock market index (FTS...