Iceland: The happiest place on earth

So says this report in the Guardian, followed closely by the Aussies:

At the bottom end, the economists Andrew Leigh, of the Australian National University, and Justin Wolfers, of Wharton University, Pennsylvania, ranked Russians, Ukrainians, Romanians and Bulgarians as the world's most miserable.

I'm sure Dostoevsky would be shocked.

Using the Human Development Index, which combines life-expectancy, education and GDP, the researchers found that Australians were happier than most other people despite longer hours and a lower level of job satisfaction.

My guess? Foster's, Foster's, Foster's.