Economics is a science that can contribute substantial powerful and fresh insights! This book collects essays by leading academics that evaluate the scholarly importance of contemporary economic ideas and concepts, thus providing valuable knowledge about the present state of economics and its...

Series foreword -- Preface -- Major developments -- Research on happiness -- The relationship of happiness to utility -- How income affects happiness -- How unemployment affects happiness -- How inflation and inequality affect happiness -- Pushing ahead -- The public sphere -- Self-employment...

Leading economics scholars consider the influence of psychology on economics, discussing topics including pro-social behavior, conditional trust, neuroeconomics, procedural utility, and happiness research.

Curiously, economists, whose discipline has much to do with human well-being, have shied away from factoring the study of happiness into their work. Happiness, they might say, is an ''unscientific'' concept. This is the first book to establish empirically the link between happiness and...