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| economics and happiness framing the analysis: Economics and Happiness Luigino Bruni, Pier Luigi Porta, 2005-12-15 This book is the first of its kind to provide a comprehensive overview of happiness in Economics. Although it is comparatively unusual to put happiness and economics together, the association appears increasingly exciting and fruitful. A number of studies have been produced following Richard Easterlins and Tibor Scitovskys pioneering works throughout the 1970s. The essays collected in this book provide an authoritative and comprehensive assessment both theoretical, applied andpartly experimental of the whole field moving from the so-called paradoxes of happiness in Economics. The book breaks new ground, particularly on the more recent directions of research on happiness, well-being, interpersonal relations and reciprocity. The meaning of happiness is thoroughlyexplored and the tension between a hedonic-subjective idea of happiness and a eudaimonic-objective one is discussed.This volume opens with Richard Easterlins own assessment of the main issues. Other authors include Robert H. Frank, Robert Sugden, Bruno S. Frey, Alois Stutzer, Richard Layard, Martha C. Nussbaum, Matt Matravers, Bernard M.S, van Praag, Oded Stark, You Q. Wang, Ruut Veenhoven, Charlotte Phelps, Stefano Zamagni, and Luigi Pasinetti. |
| economics and happiness framing the analysis: Economics and Happiness , 2005 'Economics and Happiness' provides an overview of happiness studies to date, with a special emphasis on its relationship with economic thought. The book presents the reader with a conceptual framework for a critical understanding of happiness studies and its relationship with economics. |
| economics and happiness framing the analysis: The Economics of Happiness Mariano Rojas, 2019-09-13 This book presents a panoramic view of the implications from Richard Easterlin’s groundbreaking work on happiness and economics. Contributions in the book show the relevance of the Easterlin Paradox to main areas, such as the relationship between income and happiness, the relationship between economic growth and well-being, conceptions of progress and development, design and evaluation of policies for well-being, and the use of happiness research to address welfare economics issues. This book is unique in the sense that it gathers contributions from senior and top researchers in the economics of happiness, whom have played a central role in the consolidation of happiness economics, as well as promising young scholars, showing the current dynamism and consolidation of happiness economics. |
| economics and happiness framing the analysis: Handbook on the Economics of Happiness L. Bruni, 2007-01-01 This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. |
| economics and happiness framing the analysis: A Modern Guide to the Economics of Happiness Luigino Bruni, Alessandra Smerilli, Dalila De Rosa, 2021-01-29 Exploring the modern approach to the economics of happiness, which came about with the Easterlin Paradox, this book analyses and assesses the idea that as a country gets richer the happiness of its citizens remains the same. The book moves through three distinct pillars of study in the field: first analysing the historical and philosophical foundations of the debate; then the methodological and measurements issues and their political implications; and finally empirical applications and discussion about what determines a happy life. |
| economics and happiness framing the analysis: Economics of Happiness Bruno S. Frey, 2018-02-26 This book focuses on what makes people happy. The author explains methods for measuring subjective life satisfaction and well-being by discussing economic and sociodemographic factors, as well as the psychological, cultural and political dimensions of personal happiness. Does higher income increase happiness? Are people in rich countries, such as the United States, the United Kingdom and Scandinavian countries, happier than those living elsewhere? Does losing one’s job make one unhappy? What is the role of genetic endowments inherited from our parents? How important are physical and emotional health to subjective life satisfaction? Do older people tend to be happier, or younger people? Are close social relationships necessary for happiness? Do political conditions, such as respect for human rights, democracy and autonomy, play a part? How can governments contribute to the population’s happiness? This book answers these questions on the basis of extensive interdisciplinary research reflecting the current state of knowledge. The book will appeal to anyone interested in learning more about the various dimensions of personal well-being beyond the happiness-prosperity connection, as well as to policymakers looking for guidance on how to improve happiness in societies. |
| economics and happiness framing the analysis: Wealth(s) and Subjective Well-Being Gaël Brulé, Christian Suter, 2019-06-24 This volume examines the impact of wealth on quality of life and subjective well-being (SWB). As wealth is related to economic, environmental and social features of societies, this volume serves as an important resource in understanding economic and SWB. It further discusses a variety of experiences and consequences of inequalities of wealth. Through the availability of wealth data in recent international surveys, this volume explores the multiple relations between wealth and SWB. Structured around four main pillars the book presents analysis of the topic at various levels such as theoretical and conceptual, methodological and empirically, ending with a section on distribution and policies. |
| economics and happiness framing the analysis: Quality of Life in Cities Alessandra Michelangeli, 2015-03-27 In the last few decades, urban quality of life has received increasing interest from policy makers who aim to make cities better places to live. In addition to the aim of improving quality of life, sustainable and equitable development is also often included in the policy agendas of decision makers. This book aims to link quality of life to related issues such as sustainability, equity, and subjective well-being. While less than one-third of the world's population lived in cities in 1950, about two thirds of humanity is expected to live in urban areas by 2030. This dramatic increase in the number of people living in urban areas serves as the backdrop for this book’s analysis of cities. This book will be useful to students and researchers in economics, architecture and urban planning, sociology and political sciences, as well as policy makers. |
| economics and happiness framing the analysis: Happiness Quantified Bernard M. S. van Praag, Ada Ferrer-i-Carbonell, 2008 Using German, British, Dutch, and Russian data, the authors cover a wide range of topics. |
| economics and happiness framing the analysis: Economics and Psychology Stavros Drakopoulos, Ioannis Katselidis, 2023-12-01 With the rise of modern behavioural economics and increasing interest in subjective well-being research, the question of the relationship between economics and psychology has again been brought to the fore. Drawing on the history of economic thought, this book explores the historical relationship between the two disciplines. The book opens with a description of the primary philosophical foundations for early arguments supporting the interplay between economics and psychology. Both classical economists and other prominent pre-marginalists writers are examined in this context. The ensuing discussion explores the marginalist revolution and how well-known economists like Jevons and Edgeworth, influenced by pre-marginalist writers, incorporated ideas and findings from psychology. The book then describes how, following the so-called “Paretian turn”, early neoclassical economists attempted to expel psychological concepts from economic analysis. Combined with the increasing formalization, the influence of the classical physics scientific ideal, and the impact of positivism, this methodological stance became dominant in modern mainstream economics. In contrast, non-mainstream traditions continued to acknowledge the significance of psychology in their economic analysis. This tradition includes inter alia the so-called old behavioural economics, mainly of Herbert Simon and George Katona. The revival of psychology in economics came mainly with the emergence and development of new behavioural economics as a distinct branch during the last few decades. The trend was further assisted by the emergence of the economics of subjective well-being. Finally, the book briefly explores the state of the current debate concerning the relationship between economics and psychology. This book will be invaluable reading to anyone interested in the history of the study of economics and psychology, as well as of great interest to students and scholars of history of economic thought, psychological economics, behavioural economics and the history and philosophy of social sciences. |
| economics and happiness framing the analysis: Handbook of Research Methods and Applications in Happiness and Quality of Life Luigino Bruni, Pier Luigi Porta, 2016-04-29 Offering a thorough assessment of recent developments in the economic literature on happiness and quality of life, this major research Handbook astutely considers both methods of estimation and policy application. Luigino Bruni and Pier Luigi Porta’s refreshing, and constructively critical, approach emphasizes the subject’s integral impact on latter-day capitalism. Expert contributors critically present in-depth research on a wide range of topics including: • the history of the idea of quality of life and the impact of globalization • links between happiness and health • comparisons between hedonic and eudaimonic well-being • the relational and emotional side of human life, including subjective indicators of well-being • genetic and environmental contributions to life satisfaction • the impact of culture, fine arts and new media. Accessible and far-reaching, the Handbook of Research Methods and Applications in Happiness and Quality of Life will prove an invaluable resource for students and scholars of welfare and economics as well as practicing psychologists and researchers. |
| economics and happiness framing the analysis: An Economist’s Lessons on Happiness Richard A. Easterlin, 2021-03-01 Once called the “dismal science,” economics now offers prescriptions for improving people’s happiness. In this book Richard Easterlin, the “father of happiness economics,” draws on a half-century of his own research and that conducted by fellow economists and psychologists to answer in plain language questions like: Can happiness be measured? Will more money make me happier? What about finding a partner? Getting married? Having a baby? More exercise? Does religion help? Who is happier—women or men, young or old, rich or poor? How does happiness change as we go through different stages of life? Public policy is also in the mix: Can the government increase people’s happiness? Should the government increase their happiness? Which countries are the happiest and why? Does a country need to be rich to be happy? Does economic growth improve the human lot? Some of the answers are surprising (no, more money won’t do the trick; neither will economic growth; babies are a mixed blessing!), but they are all based on reason and well-vetted evidence from the fields of economics and psychology. In closing, Easterlin traces the genesis of the ongoing “Happiness Revolution” and considers its implications for people’s lives down the road. |
| economics and happiness framing the analysis: Happiness is the Wrong Metric Amitai Etzioni, 2018-01-08 This book is open access under a CC BY 4.0 license. This timely book addresses the conflict between globalism and nationalism. It provides a liberal communitarian response to the rise of populism occurring in many democracies. The book highlights the role of communities next to that of the state and the market. It spells out the policy implications of liberal communitarianism for privacy, freedom of the press, and much else. In a persuasive argument that speaks to politics today from Europe to the United States to Australia, the author offers a compelling vision of hope. Above all, the book offers a framework for dealing with moral challenges people face as they seek happiness but also to live up to their responsibilities to others and the common good. At a time when even our most basic values are up for question in policy debates riddled with populist manipulation, Amitai Etzioni’s bold book creates a new frame which introduces morals and values back into applied policy questions. These questions span the challenges of jobless growth to the unanswered questions posed by the role of artificial intelligence in a wide range of daily life tasks and decisions. While not all readers will agree with the communitarian solutions that he proposes, many will welcome an approach that is, at its core, inclusive and accepting of the increasingly global nature of all societies at the same time. It is a must read for all readers concerned about the future of Western liberal democracy. Carol Graham, Leo Pasvolsky Senior Fellow, The Brookings Institution and College Park Professor/University of Maryland In characteristically lively, engaging, and provocative style Etzioni tackles many of the great public policy dilemmas that afflict us today. Arguing that we are trapped into a spiral of slavish consumerism, he proposes a form of liberal communitarian that, he suggests, will allow human beings to flourish in changing circumstances. Jonathan Wolff, Blavatnik Chair of Public Policy, Blavatnik School of Government, University of Oxford |
| economics and happiness framing the analysis: International Differences in Well-Being Ed Diener, Daniel Kahneman, John Helliwell, 2010-03-10 This book brings together the best of current global research on the measurement and understanding of international differences in well-being |
| economics and happiness framing the analysis: Fundamentals of Happiness Lall Ramrattan, Michael Szenberg, 2021-03-26 Examining the fundamental thinking underpinning the foundation for economic studies of happiness, this book explores the theories of key economists and philosophers from the Greek philosophers to more modern schools of thought. Lall Ramrattan and Michael Szenberg explore the general measures of happiness, utility as a method, metrical measures of happiness, happiness in literature and the scope of happiness in this concise book. |
| economics and happiness framing the analysis: The Happiness Equation Nick Powdthavee, 2010-08-05 Why is marriage worth £200,000 a year? Why will having children make you unhappy? Why does happiness from winning the lottery take two years to arrive? Why does time heal the pain of divorce or the death of a loved one – but not unemployment? Everybody wants to be happy. But how much happiness – precisely – will each life choice bring? Should I get married? Am I really going to feel happy about the career that I picked? How can we decide not only which choice is better for us, but how much it's better for us? The result of new, unique research, The Happiness Equation brings to a general readership for the first time the new science of happiness economics. It describes how we can measure emotional reactions to different life experiences and present them in ways we can relate to. How, for instance, monetary values can be put on things that can't be bought or sold in the market – such as marriage, friendship, even death – so that we can objectively rank them in order of preference. It also explains why some things matter more to our happiness than others (like why seeing friends is worth more than a Ferrari) while others are worth almost nothing (like sunny weather). Nick Powdthavee – whose work on happiness has been discussed on both the Undercover Economist and Freakanomics blogs – brings cutting-edge research on how we value our happiness to a general audience, with a style that wears its learning lightly and is a joy to read. |
| economics and happiness framing the analysis: Happiness Bruno S. Frey, 2010-08-13 A leading economist discusses the potential of happiness research (the quantification of well-being) to answer important questions that standard economics methods are unable to analyze. Revolutionary developments in economics are rare. The conservative bias of the field and its enshrined knowledge make it difficult to introduce new ideas not in line with received theory. Happiness research, however, has the potential to change economics substantially in the future. Its findings, which are gradually being taken into account in standard economics, can be considered revolutionary in three respects: the measurement of experienced utility using psychologists' tools for measuring subjective well-being; new insights into how human beings value goods and services and social conditions that include consideration of such non-material values as autonomy and social relations; and policy consequences of these new insights that suggest different ways for government to affect individual well-being. In Happiness, emphasizing empirical evidence rather than theoretical conjectures, Bruno Frey substantiates these three revolutionary claims for happiness research. After tracing the major developments of happiness research in economics and demonstrating that we have gained important new insights into how income, unemployment, inflation, and income demonstration affect well-being, Frey examines such wide-ranging topics as democracy and federalism, self-employment and volunteer work, marriage, terrorism, and watching television from the new perspective of happiness research. Turning to policy implications, Frey describes how government can provide the conditions for people to achieve well-being, arguing that a crucial role is played by adequate political institutions and decentralized decision making. Happiness demonstrates the achievements of the economic happiness revolution and points the way to future research. |
| economics and happiness framing the analysis: Annual World Bank Conference on Development Economics 2011 Justin Yifu Lin, Claudia Paz Sepulveda, 2013-10-11 ABCDE 2011 presents papers from a global gathering of the world?s leading development scholars and practitioners held May 31 - June 2, 2010. Paper themes include: Environmental Commons and the Green Economy, Post-crisis Development Strategy, the Political Economy of Fragile States, Measuring Welfare, and Social Programs and Transfers. |
| economics and happiness framing the analysis: Fair Governance Francis H. Buckley, 2009 Paternalism and perfectionism -- Hierarchic paternalism -- Cognitive paternalism -- Akrasia -- Information costs -- Happiness -- Endogenous preferences -- Private perfectionism -- Social perfectionism -- An extension : nationalism. |
| economics and happiness framing the analysis: The Oxford Handbook of Africa and Economics Célestin Monga, Justin Yifu Lin, 2015-07-02 For a long time, economic research on Africa was not seen as a profitable venture intellectually or professionally-few researchers in top-ranked institutions around the world chose to become experts in the field. This was understandable: the reputation of Africa-centered economic research was not enhanced by the well-known limitations of economic data across the continent. Moreover, development economics itself was not always fashionable, and the broader discipline of economics has had its ups and downs, and has been undergoing a major identity crisis because it failed to predict the Great Recession. Times have changed: many leading researchers-including a few Nobel laureates-have taken the subject of Africa and economics seriously enough to devote their expertise and creativity to it. They have been amply rewarded: the richness, complexities, and subtleties of African societies, civilizations, rationalities, and ways of living, have helped renew the humanities and the social sciences-and economics in particular-to the point that the continent has become the next major intellectual frontier to researchers from around the world. In collecting some of the most authoritative statements about the science of economics and its concepts in the African context, this lhandbook (the first of two volumes) opens up the diverse acuity of commentary on exciting topics, and in the process challenges and stimulates the quest for knowledge. Wide-ranging in its scope, themes, language, and approaches, this volume explores, examines, and assesses economic thinking on Africa, and Africa's contribution to the discipline. The editors bring a set of powerful resources to this endeavor, most notably a team of internationally-renowned economists whose diverse viewpoints are complemented by the perspectives of philosophers, political scientists, and anthropologists. |
| economics and happiness framing the analysis: Happiness, Flourishing and the Good Life Garrett Thomson, Scherto Gill, Ivor Goodson, 2020-09-24 Well-being studies is an exciting and relatively new multi-disciplinary field, with data being gathered from different domains in order to improve social policies. In its reliance on a truncated account of well-being based implicitly on neoclassical economic assumptions, however, the field is deeply flawed. Departing from reductive accounts of well-being that exclude the normative or evaluative aspect of the concept and so impoverish the attendant conception of human life, this book offers a new perspective on what counts normatively as being well. In reconceptualising well-being holistically, it presents a fresh vista on how we can consider the meanings of human life in a manner that also serves as a source of constructive social critique. The book thus undertakes to invert the usual approach to the social sciences, in which the research is required to be objective in terms of methodology and subjective with regard to evaluative claims. Instead, the authors are deliberately objective about values in order to be more open to the subjectivities of human life. Happiness, Flourishing and the Good Life thus seeks to move away from economic considerations’ domination of all social spaces in order to understand the possibilities of well-being beyond instrumentalisation or commodification. A radical new approach to the human well-being, this book will appeal to philosophers, social theorists and political scientists and all who are interested in human happiness. |
| economics and happiness framing the analysis: Ethical Principles and Economic Transformation - A Buddhist Approach Laszlo Zsolnai, 2011-05-17 Buddhism points out that emphasizing individuality and promoting the greatest fulfillment of the desires of the individual conjointly lead to destruction. The book promotes the basic value-choices of Buddhism, namely happiness, peace and permanence. Happiness research convincingly shows that not material wealth but the richness of personal relationships determines happiness. Not things, but people make people happy. Western economics tries to provide people with happiness by supplying enormous quantities of things and today’s dominating business models are based on and cultivates narrow self-centeredness.But what people need are caring relationships and generosity. Buddhist economics makes these values accessible by direct provision. Peace can be achieved in nonviolent ways. Wanting less can substantially contribute to this endeavor and make it happen more easily. Permanence, or ecological sustainability, requires a drastic cutback in the present level of consumption and production globally. This reduction should not be an inconvenient exercise of self-sacrifice. In the noble ethos of reducing suffering it can be a positive development path for humanity. |
| economics and happiness framing the analysis: A Positive Psychology Perspective on Quality of Life Anastasia Efklides, Despina Moraitou, 2012-11-02 The construct ‘‘quality of life (QoL)’’, since the 1980s, when it was introduced, is being used mainly in the context of health problems. Areas of one’s life that contribute to QoL are good physical and mental health, efficient cognitive functioning, social support, being able to meet the requirements of professional life, positive emotions, etc (Power, 2003). Work on subjective well-being (SWB), on the other hand, was developed in the context of healthy everyday life; it also has a history of more than 30 years. During this 30-year period factors that have an impact on SWB, such as SES, gender, health, age, and religiosity have been identified (Diener, 2000). A third independent line of research pertains to what has been called Positive Psychology (Seligman & Csikszentmihalyi, 2000), that is, an emphasis on human strengths, such as optimism, hope, wisdom, positive emotions, resilience, etc., which contribute to positive functioning in life. Recently, SWB has been associated to human strengths and to the movement of positive psychology but this did not happen for QoL, possibly because of its emphasis on people with health problems. However, QoL can be conceived of as a generic term that pertains to all people, healthy or not. In this sense, it is closely related to SWB defined as happiness (Diener, 2000). Also, QoL encompasses positive emotions that go beyond happiness and has the advantage that it can be applied to many different domains of life such as interpersonal relations, health-related situations, and professional and educational strivings. Moreover, the mechanism(s) that underpin QoL and SWB can be studied in relation to people’s goals and strengths of character, that is, from a positive psychological perspective. Such a perspective can reveal the specificities of “quality” in the various domains of life and, specifically, the positive emotions and strengths that contribute to a happier, healthier, and more successful life, even inface of adversity. Therefore, despite the differences among the three theoretical traditions, namely QoL, SWB, and positive psychology, it is possible to find the common ground they share and each of them can benefit from notions developed in the others. The aim of the present book is to bring together these three traditions, show the interactions of variables emphasized by them, and give an integrative perspective from the positive psychology point of view. It also aims to extend the range of life situations in which one can look for quality and which go beyond the traditional emphasis of QoL on health problems. Thus, the content of the proposed book covers different age populations (from children to older adults), healthy and people facing health problems as well as people facing problems in their interpersonal lives or in their pursuits. It also discusses factors that contribute to marital satisfaction, well being in the school context, and things that people value and cherish. The chapters refer to notions such as happiness, interest, resilience, wisdom, hope, altruism, optimism, and spirituality/religiosity that represent unique human strengths. Finally, it emphasizes the role of goals and motivation that connect SWB with self-regulation and managing of one’s life priorities. To conclude, the chapters included in the proposed edited book aim at bringing to the fore new theoretical developments and research on QoL, SWB, and positive psychology that bridges previously distinct theoretical traditions. The proposed book covers a broad range of topics, addresses different theoretical interests and paves the way for a more integrative approach. Finally, it brings together an international set of authors, from USA, Europe, Australia, and Asia. |
| economics and happiness framing the analysis: Economics and Ageing José Luis Iparraguirre, 2020-01-29 This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in health economics and economics of ageing, but policy makers, professionals and practitioners in gerontology, sociology, health-related sciences, and social care. This volume introduces topics in the economics of happiness, quality of life, and well-being in later life. It also covers questions of inequality and poverty, intergenerational economics, and housing. Other areas described in this book include behavioural economics, political economy, and consumption in ageing societies. |
| economics and happiness framing the analysis: The Illusion of Well-Being Mark D. White, 2014-09-04 The use of measures of economic output to guide policymaking has been criticized for decades because of their weak ties to human well-being. Recently, many scholars and politicians have called for measures of happiness or subjective well-being to be used to guide policy in people's true interests. In The Illusion of Well-Being, Mark D. White explains why using happiness as a tool for policymaking is misguided and unethical. Happiness is too vague a term to define, and too general a concept, to measure in a way that captures people's true feelings. He extends this critique to well-being in general and concludes that no measure of well-being can do justice to people's true interests, which are complex, multifaceted, and subjective. White suggests instead that policymaking be conducted according to respect and responsiveness, promoting the true interests of citizens while addressing their real needs, and devoting government resources to where they can do the most good. |
| economics and happiness framing the analysis: Perspectives on Community Well-Being Youngwha Kee, Seung Jong Lee, Rhonda Phillips, 2019-04-30 This volume brings together multiple diverse perspectives from around the globe on quality of life and community well-being from a place-based perspective. It provides both conceptual and applied explorations across disciplines, ideas and perspectives to foster more interest and research in community well-being. Topics include surveying at the community level, child friendly communities, collective impact, grieving, and happiness. Those working in the areas of public policy, community development, community and social psychology, as well as planning and development will find this volume particularly useful for the array of perspectives, research, and analytical approaches presented. |
| economics and happiness framing the analysis: The Routledge Handbook of Positive Communication José Antonio Muñiz Velázquez, Cristina M. Pulido, 2019-01-15 The Routledge Handbook of Positive Communication forms a comprehensive reference point for cross-disciplinary approaches to understanding the central role of communication in the construction of hedonic and eudemonic happiness,or subjective and psychological well-being. Including contributions from internationally recognized authors in their respective fields, this reference uses as its focus five main scenarios where communication affects the life of individuals: mass and digital media, advertising and marketing communication, external and internal communication in companies and organizations, communication in education, and communication in daily life interactions. |
| economics and happiness framing the analysis: Can We Be Happier? Richard Layard, George Ward, 2020-01-23 From the bestselling author of Happiness and co-editor of the annual World Happiness Report Most people now realize that economic growth, however desirable, will not solve all our problems. Instead, we need a philosophy and a science which encompasses a much fuller range of human need and experience. This book argues that the goal for a society must be the greatest possible all-round happiness, and shows how each of us can become more effective creators of happiness, both as citizens and in our own organizations. Written with Richard Layard's characteristic clarity, it provides hard evidence that increasing happiness is the right aim, and that it can be achieved. Its language is simple, its evidence impressive, its effect inspiring. 'In this book 'Can We Be Happier?' which is part of Richard Layard's excellent, ongoing exploration of what happiness is and how it can be achieved, he provides evidence that if you have peace of mind and are full of joy, your health will be good, your family will be happy and that happiness will affect the atmosphere of the community in which you live.' The Dalai Lama |
| economics and happiness framing the analysis: Capabilities and Happiness Luigino Bruni, Flavio Comim, Maurizio Pugno, 2008-10-30 Few would dispute that the well-being of individuals is one of the most desirable aims of human actions. However, approaches on how to define, measure, evaluate, and promote well-being differ widely. The conventional economic approach takes income (or the power to acquire market goods) as the most important indicator for well-being, and the utility function as the formal device for positive and normative analysis. However, this approach to well-being has been questioned for being seriously limited and other approaches have arisen. The capability approach to well-being, which has been developed during the last two decades by Amartya Sen and Martha Nussbaum, and the Happiness Approach to well-being, championed by Richard Easterlin, both provide an alternative. Both approaches come from different traditions and have developed independently, but nevertheless aim to overcome the rigid boundaries of the conventional economic approach to well-being. Given these common aims, it is surprising that little comparative work has been undertaken across these approaches. This book aims to correct this by providing the reader with contributions from leading names associated with both approaches, as well as contributions which evaluate the approaches and contrast one with the other. |
| economics and happiness framing the analysis: Public Administration and Policy in Korea Keun Namkoong, Kyung-ho Cho, Sangmook Kim, 2017-07-06 The present Korean public administration and policy system has shown very significant differences compared to the system in 1970s. This book provides a comprehensive and holistic view on the development of Korean public policy and administration. Instead of dichotomizing the policy and administration, this book integrates two fields to provide a more holistic view on the Korean public sector. The book also attempts to overcome simplified explanations on the developmental state theory. The book aims to explain who the key actors are during the post-democratization period, how the administrative systems reform, and what kinds of social problems are transformed into public policies. This explanation suggests that the role of government shifts from a dominant actor to an actor within a complex network governance. This book will be a useful reference to anyone who wishes to learn more about the experience of the Korean development and the role of administration and policy. |
| economics and happiness framing the analysis: Open Economics Richard Arena, Sheila Dow, Matthias Klaes, 2009-06-02 This book offers an up to date assessment of economics in relation to other disciplines, combining the work of leading international scholars and rising young stars and presenting an historical introduction to the disciplinary context of economics. |
| economics and happiness framing the analysis: Handbook of BRICS and Emerging Economies PB Anand, Shailaja Fennell, Flavio Comim, 2020-12-16 Ever since Jim O'Neill at Goldman Sachs coined the term BRICS in 2001 there have been many different assessments of these major emerging economies, with some even proclaiming that the promise of the BRICS (comprising Brazil, Russia, India, China, and South Africa) is over. However, the so called 'arranged marriage' still seems to be working well, with the club having become a formal international forum, with summit declarations, ministerial meetings, and numerous BRICS-wide fora. Is this euphoria misplaced? Is there a BRICS model of economic and human development? Are inequalities increasing and is this the denouncement of the economic successes? Are geo-political tensions rising between these nations? During the post COVID-19 situation, the importance of bilateral and multilateral co-operation mechanisms and institutions is becoming clear. This book focuses on one such emerging co-operation mechanism of BRICS but also more widely on those five countries and other similar economies. As a global depression looms large, global economic recovery depends on the performance of not only its largest economies but also many other important and significant economies within the so called G20 group. Even prior to the COVID-19 outbreak multilateral institutions have been under considerable strain, as with the relationship between the United States of America and China, and risks to global economic recovery appear very real. This book brings together multi-disciplinary perspectives from over sixty scholars and it presents a comprehensive and deep dive into the BRICS and emerging economies and into an understanding the political, economic, and social contexts that can help in designing approaches for recovery and regaining the last momentum in the journey towards the Sustainable Development Goals. |
| economics and happiness framing the analysis: Happiness, Ethics and Economics Johannes Hirata, 2011-03-15 Annotation Modern happiness research has produced a wealth of evidence on the relationship between economic conditions and life satisfaction. This book provides an interpretation of this evidence and shows that it can be understood with the help of a handful of psychological and economic effects. |
| economics and happiness framing the analysis: Theories of Happiness: An Anthology Jennifer Wilson Mulnix, M.J. Mulnix, 2015-05-25 Theories of Happiness: An Anthology introduces readers to many difficult philosophical questions surrounding the concept of happiness. With historical and contemporary readings in philosophy, psychology, and the social sciences, the anthology reflects a dialogue between ideas, providing for a rich conversation that brings out the key insights and strengths of several competing views. Each of the included readings is contextualized by the editors and situated to speak to the larger issues, including the value of happiness and its connection to well-being, the relationship of happiness to morality, whether happiness can be accurately and meaningfully measured, and whether there are universal standards for a happy life. |
| economics and happiness framing the analysis: Public Finance and Public Choice John Cullis, Philip Jones, 2009-07-09 Public Finance and Public Choice provides a comprehensive analysis of the economics of the public sector, taking a diagrammatic approach to the subject. Particular emphasis is given to the public choice and behavioural economics schools of thought. |
| economics and happiness framing the analysis: Evolution and Design of Institutions Christian Schubert, Georg Von Wangenheim, 2006-09-27 This book comprises nine papers approaching designed institutions and their interplay with spontaneous institutions from various angles. While the evolution of spontaneous institutions is quite well understood in economic thinking, the development of consciously designed institutions has been examined much less. In new institutional economics, public choice, and law and economics the interaction between changing preferences and spontaneously evolving institutions on the one hand and the evolution of designed institutions (as, e.g., legal systems) on the other hand has largely been ignored. A number of top class international contributors have been assembled to study this phenomenon including Viktor Vanberg, Bruno Frey, Elinor Ostrom and Francesco Parisi. |
| economics and happiness framing the analysis: Understanding Well-being Data Susan Oman, 2021-10-25 ‘Following the data’ is a now-familiar phrase in Covid-19 policy communications. Well-being data are pivotal in decisions that affect our life chances, livelihoods and quality of life. They are increasingly valuable to companies with their eyes on profit, organisations looking to make a social impact, and governments focussed on societal problems. This book follows well-being data back centuries, showing they have long been used to track the health and wealth of society. It questions assumptions that have underpinned over 200 years of social science, statistical and policy work. Understanding Well-being Data is a readable, introductory book with real-life examples. Understanding the contexts of data and decision-making are critical for policy, practice and research that aims to do good, or at least avoid harm. Through its comprehensive survey and critical lens, this book provides tools to promote better understanding of the power and potential of well-being datafor society, and the limits of their application. |
| economics and happiness framing the analysis: Perspectives on Applied Economics and Politics: Cases from Turkey Kerem Karabulut, Christos Teazis, Emre Bulut, Cumali Marangoz, 2019-11-10 The main characteristic that distinguishes this book from its peers is that it contributes to the literature by combining multi-faceted information and different topics from sub-disciplines in the field of economic and administrative sciences. To illustrate, from one side, the book provides useful information on the social, political, cultural, and environmental studies, on the other side, it offers evaluation of the current macroeconomic issues for the World and Turkey’s economy. Thus, students and all readers who are interested in these topics would be able to comprehend all the related areas more easily by making connections with current developments and taking advantage of the examples in the book. In addition, the book provides convenience to reades with its classification in 5 main chapters and with its fluent and simple narrative. Therefore, this book is a study that can be used by all segments of society who are interested in socio-economic developments and changes. |
| economics and happiness framing the analysis: Handbook of Teaching Ethics to Economists Ioana Negru, Craig Duckworth, Imko Meyenburg, 2023-11-03 Drawing on the knowledge of highly experienced academics, this authoritative Handbook explains how ethics can inform the teaching of economics. It includes state-of-the-art moral theory alongside traditional approaches to emphasise why ethics should be an important consideration for economic practitioners. |
| economics and happiness framing the analysis: Structural Dynamics and Economic Growth Richard Arena, Pier Luigi Porta, 2012-05-03 Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow. |
Economics - Wikipedia
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a behavioral science that studies the production, distribution, and consumption …
Economics Defined With Types, Indicators, and Systems
Jun 28, 2024 · Economics is a branch of the social sciences focused on the production, distribution, and consumption of goods …
Economics | Definition, History, Examples, Types, & Facts ...
May 12, 2025 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. …
The A to Z of economics | The Economist
In economics, a transfer is a payment of money without any goods or services being exchanged in return. Governments make …
What is Economics? - American Economic Association
Economics can help us answer these questions. Below, we’ve provided links to short articles that illustrate what …
Economics - Wikipedia
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a behavioral science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on …
Economics Defined With Types, Indicators, and Systems
Jun 28, 2024 · Economics is a branch of the social sciences focused on the production, distribution, and consumption of goods and services. Microeconomics is a type of economics …
Economics | Definition, History, Examples, Types, & Facts ...
May 12, 2025 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. In the 19th century economics was the hobby of …
The A to Z of economics | The Economist
In economics, a transfer is a payment of money without any goods or services being exchanged in return. Governments make transfers in the form of welfare benefits but individuals make …
What is Economics? - American Economic Association
Economics can help us answer these questions. Below, we’ve provided links to short articles that illustrate what economics is and how it connects to our everyday lives. Economics can be …
