Much attention has been given to the economics of everyday life, which typically applies economic principles to the analysis of the different choices that people face under different situations. Yet there are hardly any books on the economics of life--an economics that takes the finite lifespan as the starting point and that looks at how one can maximize the subjective value from life given the constraint of the limited lifespan. In this volume, Lok Sang Ho suggests that the lack of progress in happiness among developed countries despite significant economic growth is due to a deficit of "mental goods", rather than a lack of material goods. The author stresses the role of culture and mental habits in determining the efficacy of gaining mental goods which includes love, a sense of security and autonomy, contentment, self-esteem, self-acceptance, and freedom from anxiety. Drawing on empirical research, the book explores how to invest, work, and consume from a whole life perspective, arguing that every action - consumption, investment, or work - should enhance the total quality of life. This overriding concern about life itself is known as love. The Psychology and Economics of Happinessuses the analytical framework of economists on a subject studied by positive psychologists, drawing both from empirical evidence and from psychological literature. It will be of interest to researchers and academics interested in economic and positive psychology, as well as those from related fields keen to learn more about living fuller, happier lives.
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.
This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics.
This book is the first of its kind to provide a comprehensive overview of the burgeoning field of happiness and economics.
Happy-People-Pills for All.International Journal of Wellbeing1 (1): 127–148. This article also discusses various aspects of the supply of happiness pills. See also: Katolik, Aleksandra, and Andrew J. Oswald. 2017.
This text establishes the link between happiness and economics and happiness and democracy. The guide demonstrates how micro- and macro-economic systems in the form of income, unemployment, and inflation affect happiness.
Rooted in new research and delving into important issues of contemporary society, this book offers illuminating and thought-provoking insights into the complex and intricate balance that must be struck to maximize both individual happiness ...
This book presents a panoramic view of the implications from Richard Easterlin’s groundbreaking work on happiness and economics.
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.
As a way of increasing happiness, more income is what is called a zero-sum game—any gains in happiness by those whose ... What we need is a win-win recommendation—a way of increasing happiness that, if followed by each individual, ...
In The Pursuit of Happiness, the latest addition to the Brookings FOCUS series, Carol Graham explores what we know about the determinants of happiness, acrossand within countries at different stages of development.