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Revisiting the economy by taking into account the different dimensions of well-being

Leonardo Becchetti

No 60-2009, AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit

Abstract: In standard economic models benevolent governments are the unique actors in charge to tackle the problem of reconciling individual with social wellbeing in presence of negative externalities and insufficient provision of public goods. Some promising practices of grassroot economics suggest however that, even a minoritarian share of concerned individuals and socially responsible corporations which internalise externalities, significantly enhance the opportunities of promoting "sustainable happiness" harmonising creation of economic, social and environmental value.

Keywords: well-being; sustainable happiness; role; ethical and solidarity initiatives (search for similar items in EconPapers)
JEL-codes: A13 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2009-01-29
New Economics Papers: this item is included in nep-hap, nep-hea, nep-hpe and nep-soc
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