Treating mental illness should be a top national priority, especially as proven psychological therapies effectively cost nothing. Richard Layard explains how CEP research has led to a new deal for mental health - but much remains to be done. Mental illness has much greater economic costs than...

Making video clips of a song unavailable on YouTube has no effect on its sales on iTunes; but album sales suffer when video clips of a song from it are made unavailable on YouTube. These findings of a study by Tobias Kretschmer and Christian Peukert suggest that we need not worry too much about...

A new CEP report says that the financial system has become far more complicated than it need to be - and dangerously unstable too

Richard Layard and Paul Gregg call for a 'job guarantee' for jobseekers who have been out of work for 12 months or more

Richard Layard outlines the development of CEP research on what makes people happy and how society might best be organised to promote happiness.

The measurement of wellbeing is central to public policy. There are three uses for any measure: 1) monitoring progress; 2) informing policy design; and 3) policy appraisal. There has been increasing interest in the UK and around the world in using measures of subjective wellbeing (SWB) at each...

Mental illness accounts for a massive share of the total burden of disease. Even when we include the burden of premature death mental illness accounts for 23% of the total burden of disease. Yet, despite the existence of cost-effective treatments, it receives only 13% of NHS health expenditure....

What institutions and policies are needed to sustain UK economic growth in the dynamic world economy of the twentyfirst century? After years of inadequate investment in skills, infrastructure and innovation, there are longstanding structural weaknesses in the economy, all rooted in a failure to...

The article uses house prices to measure the peace dividend in Northern Ireland - and draws lessons for other parts of the world that have endured long conflicts.

Richard Layard and colleagues reveal the shocking scale of mental illness in Britain - and how little the NHS does about it.