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Happiness, Economics and Public Policy Paul Ormerod

Happiness, Economics and Public Policy By Paul Ormerod

Happiness, Economics and Public Policy by Paul Ormerod


$11.99
Condition - Very Good
Out of stock

Summary

Analyses the economic research that underlies politicians' preoccupation with measures of well-being. This title demonstrates that the difficulties in measuring society's happiness are insurmountable, and policymakers should not claim that they can control and increase happiness through public policy decisions.

Happiness, Economics and Public Policy Summary

Happiness, Economics and Public Policy by Paul Ormerod

With commentaries by Samuel Brittan and Melanie Powell. In Happiness, Economics and Public Policy, Helen Johns and Paul Ormerod analyse the economic research that underlies politicians growing preoccupation with measures of 'well-being'. In a lucid and compelling analysis, written for economists and non-economists alike, the authors find that happiness research cannot be used to justify government intervention in the way its proponents suggest. Those who wish governments to take into account measures of well-being when setting policy often point to the fact that increases in income have not led to increases in measured happiness, and thus governments should concentrate on redistribution and improving the quality of life, rather than on allowing people to benefit from economic growth. In fact, measured happiness does not appear to be related to public spending, violent crime, property crime, sexual equality, disability, life expectancy or unemployment either. The stark fact is that, as Helen Johns and Paul Ormerod demonstrate, the difficulties in measuring societys happiness are insurmountable, and policymakers should not claim that they can control and increase happiness through public policy decisions.

Table of Contents

Introduction; Happiness Research and Economic Theory; Happiness, Income and Policy; Happiness and Macroeconomics; 'Gross Notional Happiness': Measurement and Decision-Making; Applications of Happiness Research; Final Remarks and Conclusions.

Additional information

GOR002722279
9780255366007
0255366000
Happiness, Economics and Public Policy by Paul Ormerod
Used - Very Good
Paperback
Institute of Economic Affairs
20070723
144
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Happiness, Economics and Public Policy