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Tuesday, June 10, 2014

'The Four Lessons of Happynomics'

Tim Harford:

The four lessons of happynomics, by Tim Harford: The discipline of happynomics (or to give it an academically respectable title, “the economics of subjective well-being”) is booming. Respected economists have joined the field, from Lord Layard in the UK to White House appointees such as Alan Krueger and Betsey Stevenson. Several have been charmed in by Daniel Kahneman, a widely admired psychologist with a Nobel Memorial Prize in economics.
Happiness is surely important, but the case for letting economists loose on the subject is less clear. So are happyconomists discovering things that will put a song in your heart and a smile on your face? Perhaps. After reading a stack of books about the economics of happiness, and seeking advice from some of the researchers involved, allow me to present four tips for happiness from the dismal science. ...

    Posted by on Tuesday, June 10, 2014 at 05:14 AM in Economics | Permalink  Comments (58)


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