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020 _a9780262529761
040 _aIN-BhIIT
041 _aeng
082 _a306
_bWEI/M
100 _aWeimann, Joachim
_eAuthor
_917877
245 _aMeasuring happiness:
_bthe economics of well-being /
_cJoachim Weimann [et al.].
260 _aCambridge :
_bMIT Press,
_c2015.
300 _ax, 212p. :
_c23 cm
504 _aInclude index and reference
520 _aThe authors examine the evolution of happiness research, considering the famous "Easterlin Paradox," which found that people's average life satisfaction didn't seem to depend on their income. But they question whether happiness research can measure what needs to be measured. Can money buy happinessIs income a reliable measure for life satisfactionIn the West after World War II, happiness seemed inextricably connected to prosperity. Beginning in the 1960s, however, other values began to gain ground: peace, political participation, civil rights, environmentalism. 'Happiness economics' a somewhat incongruous-sounding branch of what has been called 'the dismal science' has taken up the puzzle of what makes people happy, conducting elaborate surveys in which people are asked to quantify their satisfaction with 'life in general'. In this book, three economists explore the happiness-prosperity connection, investigating how economists measure life satisfaction and well-being. The authors examine the evolution of happiness research, considering the famous 'Easterlin Paradox', which found that people's average life satisfaction didn't seem to depend on their income. But they question whether happiness research can measure what needs to be measured. They argue that we should not assess people's well-being on a 'happiness scale', because that necessarily obscures true social progress. Instead, rising income should be understood as increasing opportunities and alleviating scarcity. Economic growth helps societies to sustain freedom and to finance social welfare programs. In this respect, high income may not buy happiness with life in general, but it gives individuals the opportunity to be healthier, better educated, better clothed, and better fed, to live longer, and to live well.-- An investigation of the happiness-prosperity connection and whether economists can measure well-being.
650 _aHappiness- Economic aspects
_917878
650 _aWealth- Psychological aspects
_917879
650 _aEconomics- Psychological aspects
700 _aKnabe, Andreas
_eContributor
_917880
700 _aSchob, Ronnie
_eContributor
_917881
942 _cTRB
_03
999 _c12226
_d12226