The health and well-being of individuals are two dimensions around which researchers and policymakers are re-arranging the debate on how to foster the progress of societies. Health and well-being have an intrinsic value, which should be part of the very definition of progress, and also a...

In order to develop effective and focused strategies to uphold social cohesion and improve happiness and quality of life in Europe, it is above all necessary to understand how complex social developments interact with each other. In particular since – as this study amply demonstrates – the...

This paper reviews the key economic issues concerning the welfare costs of inflation and deflation, with a view to shedding light on the desirable properties of the inflation process. Our review of the evidence on the overall costs of inflation and deflation indicates that such costs could be...