Emotional Prosperity and the Stiglitz Commission
AbstractThis article argues - in line with the proposals of the recent Stiglitz Commission on the Measurement of Economic Performance and Social Progress - that we should now be measuring a nation's emotional prosperity rather than its economic prosperity (i.e. we ought to focus on the level of mental well-being, not on the number of pounds in people's bank accounts). The article reviews recent ideas in this field. It also describes seven recent studies that, worryingly, suggest that emotional prosperity may be declining through time. For labour-market specialists, a key question for future research is how much this downward trend can be traced back to increased pressures in working life. That question currently remains open. Copyright (c) Blackwell Publishing Ltd/London School of Economics 2010.
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Bibliographic InfoArticle provided by London School of Economics in its journal British Journal of Industrial Relations.
Volume (Year): 48 (2010)
Issue (Month): 4 (December)
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Other versions of this item:
- Oswald, Andrew J, 2010. "Emotional Prosperity and the Stiglitz Commission," The Warwick Economics Research Paper Series (TWERPS) 950, University of Warwick, Department of Economics.
- Oswald, Andrew J., 2010. "Emotional Prosperity and the Stiglitz Commission," IZA Discussion Papers 5390, Institute for the Study of Labor (IZA).
- I1 - Health, Education, and Welfare - - Health
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Cakes, capitalism & happiness
by chris dillow in Stumbling and Mumbling on 2011-12-21 15:00:28
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by chris dillow in Stumbling and Mumbling on 2010-11-15 17:02:09
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"Scitovsky and the income-happiness paradox,"
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Elsevier, vol. 43(C), pages 1-10.
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NIESR Discussion Papers
3045, National Institute of Economic and Social Research.
- Böckerman, Petri & Bryson, Alex & Ilmakunnas, Pekka, 2012. "Does high involvement management improve worker wellbeing?," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 660-680.
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16668, National Bureau of Economic Research, Inc.
- G. Madonia & M. Cracolici & M. Cuffaro, 2013. "Exploring Wider Well-Being in the EU-15 Countries: An Empirical Application of the Stiglitz Report," Social Indicators Research, Springer, vol. 111(1), pages 117-140, March.
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- Charles Kenny, 2011. "Bentham from the Crypt Once More: Politicians in Pursuit of Happiness," Working Papers id:4332, eSocialSciences.
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