Economist's Lessons on Happiness: Farewell Dismal Science!

Economics, once called the "dismal science," now offers prescriptions for improving peoples happiness based on research by Richard Easterlin and fellow economists and psychologists. The book answers questions about measuring happiness, the impact of money, relationships, and other factors on happiness, and the role of public policy in increasing happiness. The answers may surprise, but they are based on reason and well-vetted evidence. Easterlin traces the genesis of the "Happiness Revolution" and considers its implications for peoples lives.

Format: Paperback / softback
Length: 179 pages
Publication date: 02 March 2021
Publisher: Springer Nature Switzerland AG

Economics, once referred to as the "dismal science," has evolved into a field that offers insights into enhancing human happiness. In his book, Richard Easterlin, widely regarded as the "father of happiness economics," draws upon a wealth of research spanning half a century, alongside the contributions of fellow economists and psychologists. The book aims to provide straightforward answers to pressing questions such as: Can happiness be quantified? Will increasing my income lead to greater happiness? What about finding a partner, getting married, or having children? How about engaging in more exercise or practicing religion? Do gender, age, wealth, or social status influence happiness levels? How does happiness evolve throughout different stages of life?

Furthermore, the book delves into the realm of public policy, exploring the potential for governments to influence and increase people's happiness. It raises the question of whether governments should prioritize happiness and, if so, how they can achieve this goal. The book examines the happiness levels of different countries and investigates the factors that contribute to their success. It challenges the notion that economic growth alone is the key to improving the human lot and offers surprising insights into the factors that truly impact happiness.

In conclusion, Easterlin traces the origins of the ongoing "Happiness Revolution" and considers its profound implications for individuals' lives in the future. The book provides a comprehensive and evidence-based exploration of happiness, challenging prevailing beliefs and offering valuable insights into personal well-being and societal progress.

Weight: 316g
Dimension: 154 x 234 x 18 (mm)
ISBN-13: 9783030619619
Edition number: 1st ed. 2021