Human Satisfactions and Public Policy (1980)

Richard Layard

Chapter 14 in Tackling Inequality, 1999, pp 266-282 from Palgrave Macmillan

Abstract: Abstract There is much casual evidence that people in the West are not becoming happier, despite economic growth. There is also some systematic evidence. Opinion polls reveal no increase in self-rated happiness in the United States since the War. And, more slippery evidence this, rich countries appear to be no happier than poorer ones – at any rate among the advanced countries.2 But if growth has not brought happiness, the important question is what policy conclusions follow.

Keywords: Utility Function; Marginal Utility; Relative Income; Relative Deprivation; Social Optimum (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1057/9780230375284_14

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