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Human Well-Being: A New Approach Based on Overall and Ordinary Functionings

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  • John Tomer

Abstract

This paper develops a concept of human well-being that integrates economic and noneconomic aspects of life. Philosophers, humanistic psychologists, and religious traditions have been very helpful in pointing out the true noneconomic potential of human life. Our new approach to well-being, the overall/ordinary approach includes these higher aspects of human life. In addition to the ordinary adult human functionings, basically the functionings Sen mentions, the new approach includes a group of higher human functionings which are called overall human functioning. To adequately assess a person's or a society's well-being, it is necessary to consider both people's ordinary (or lower) functionings and their overall (or higher) functionings. Raising societal well-being requires capital formation, particularly investment in personal and social capital.

Suggested Citation

  • John Tomer, 2002. "Human Well-Being: A New Approach Based on Overall and Ordinary Functionings," Review of Social Economy, Taylor & Francis Journals, vol. 60(1), pages 23-45.
    • Handle: RePEc:taf:rsocec:v:60:y:2002:i:1:p:23-45
    DOI: 10.1080/00346760110127083
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    References listed on IDEAS

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    1. John F. Tomer, 2003. "Personal Capital and Emotional Intelligence: An Increasingly Important Intangible Source of Economic Growth," Eastern Economic Journal, Eastern Economic Association, vol. 29(3), pages 453-470, Summer.
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    Cited by:

    1. Mina Baliamoune-Lutz, 2004. "On the Measurement of Human Well-being: Fuzzy Set Theory and Sen's Capability Approach," WIDER Working Paper Series RP2004-16, World Institute for Development Economic Research (UNU-WIDER).
    2. Simona Šarotar Žižek & Matjaž Mulej & Sonja Treven, 2010. "Requisite Holism Of Individuals As A Precondition For The Humankind’S Way Out From The 2008- Crisis," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 399-419, november.
    3. Pillai N., Vijayamohanan & B. P., Asalatha, 2013. "Objectivizing the Subjective: Measuring Subjective Wellbeing," MPRA Paper 45005, University Library of Munich, Germany.
    4. Sung-Geun Kim, 2016. "What Have We Called as “Poverty”? A Multidimensional and Longitudinal Perspective," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(1), pages 229-276, October.
    5. Daniels, Peter L., 2005. "Economic systems and the Buddhist world view: the 21st century nexus," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 34(2), pages 245-268, March.
    6. Tomer, John F., 2007. "What is behavioral economics?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(3), pages 463-479, June.
    7. Sung-Geun Kim, 2015. "Fuzzy Multidimensional Poverty Measurement: An Analysis of Statistical Behaviors," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 120(3), pages 635-667, February.
    8. Pillai N., Vijayamohanan & B. P., Asalatha, 2013. "“All’s well that ends well!” subjective wellbeing: an epistemic enquiry," MPRA Paper 45004, University Library of Munich, Germany.
    9. Tomer, John, 2008. "Beyond the rationality of economic man, toward the true rationality of human man," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 1703-1712, October.
    10. Sanidas, Elias, 2006. "The open system of four dynamic bio-socio-economic processes of the firm: The diamond of the black box," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(3), pages 556-582, June.

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