After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st … century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical … applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal …

employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not …. These conclusions are suggested by an analysis of a wide range of evidence on happiness in countries throughout the world. …

Case studies across the social sciences have established a positive relationship between social status and happiness …-shaped relation between status and happiness. The same trend is much less pronounced in data on 1000 individuals living in the state …

happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a … happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …