The theory that happiness is relative is summarized in three postulates, on the basis of which four hypotheses are formulated: happiness is (1) insensitive to actual quality of life; (2) cannot be raised enduringly; (3) builds on hardship; and (4) tends to be neutral. It is implied that happiness is both futile & evasive, and contrary to beliefs in today’s welfare society. Following empirical falsification of all hypotheses, discussion centers on what is wrong with the theory & why it has persisted for centuries regardless of its flaws.