Abstract Individual well-being is mostly measured by income so that non-monetary dimensions are not accounted for. To complement the analysis of wellbeing, survey-based data concerning satisfaction with life and happiness are used. These surveys include variables like health, social capital,...

Abstract The present article investigates how economic experts and laypersons deal with issues of fairness in the economic area. Most economic experts follow an ethic that can be described as both, deductive and utilitarian. The ethical judgment of an economic system as a whole or a specific...

Abstract The European Union is characterised by large and persistent disparities across regions concerning income distribution and unemployment rates. European Structural Funds (ESF) have been raised to narrow income differences and foster employment in lagging regions. The paper describes the...