In economics there is presently an almost revolutionary development. The direct measurement of subjective welfare challenges traditional economics, inspires it, and opens new avenues for scientific research. The approaches and possibilities of an economic analysis of happiness are shown and...

The authors have studied the effects of global economic development on individuals and cultures for the last three decades and have concluded that the most strategic and effective way of building a more positive future is through economic localisation. Fundamentally, localisation is about...

There is not much research on welfare-economics from the perspective of human wellbeing (happiness). The main reason is that this is qualitative and subjective phenomena are not easily captured by measurement. In the present endeavour, the authors tried to capture it (happiness) from the...

Health assessments correlate with health outcomes and subjective well-being. Immigrants offer an opportunity to study persistent social influences on health where the social conditions are not endogenous to individual outcomes. This approach provides a clear direction of causality from social...

We investigate adaptation of subjective well-being using a randomised controlled trial. We find that providing medical equipment to a random sample of Ugandan adults with lower limb disabilities has a positive effect on their physical health, using both objective and self-reported measures....