Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...

This paper relates different subjective approaches to wellbeing to different traditions of economic analysis. The dominant formula of ‘Subjective Well-Being’ is attractive because it promises a direct measure of utility, but other approaches bring different strengths to policy evaluation....

Sen’s influential work on human development has led economists to explore new areas that have become increasingly important for human well-being. In particular, Sen emphasizes the importance of the "freedom to choose". Freedom, however, is not always an exact (crisp) outcome, and membership in...