The report, published by the Earth Institute and co-edited by the institute’s director, Jeffrey Sachs, reflects a new worldwide demand for more attention to happiness and absence of misery as criteria for government policy. It reviews the state of happiness in the world today and shows how the...

Our conclusions are that the most important influences on unemployment come from the following. (i) The longer unemployment benefits are available the longer unemployment lasts. Similarly, higher levels of benefits generate higher unemployment, with an elasticity of around one half. On the other...

"The main proposals in this paper have a highly focussed aim: to prevent the continuation in Britain of an increasingly depressed group of under-skilled workers. The main intention is to ensure that all 16-19 year olds and as many adults as possible achieve at least Level 2 qualifications. For...

"This paper addresses two questions: -Can Welfare-to-Work expand employment and -Has Britain''s New Deal for young people actually done so, and have its benefits justified the cost? There is ample evidence that unemployment (and employment) is affected by how the unemployed are treated. Other...

According to Paul Krugman, “the European unemployment problem and the US inequality problem are two sides of the same coin”. In other words, both continents have had the same shift in demand towards skill; in the US relative wages have adjusted and in Europe not. The implication of this...

Most people with mental illness should be offered the choice of psychological therapy.

The main movements of unemployment correspond to fluctuations in the short-run non-accelerating-inflation rate of unemployment (around a stable long-term non-accelerating-inflation rate of unemployment). These supply-side fluctuations have two main origins: (1) variations in the number of...