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For centuries, happiness was exclusively a concern of the humanities; a matter for philosophers, novelists and artists. In the past five decades, however, it has moved into the domain of science and given us a substantial body of research. This wellspring of knowledge now offers us an enticing opportunity: to consider happiness as the leading measure of well-being, supplanting the current favourite, real gross domestic product per capita, or GDP.
The post Why the science of happiness can trump GDP as a guide for policy appeared first on OUPblog.
What is happiness and how can we promote it? These questions are central to human existence and human flourishing now plays a central role in the assessment of national and global progress. Paul Anand shows why the traditional national income approach is limited as a measure of human wellbeing and demonstrates how the contributors to happiness, wellbeing, and quality of life can be measured and understood across the human life course. The following extract looks at the connection between income and wellbeing.
The post “The economics of happiness” – an extract from Happiness Explained appeared first on OUPblog.