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The Austrian School on Happiness and Relational Goods

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  • Antonio Magliulo

    ()
    (Università degli Studi di Firenze, Dipartimento di Scienze Economiche)

Abstract

Austrian economists do not directly face the problem of the relationships between economics and happiness. They even rather rarely use the word happiness and do not bother to define the philosophical meaning of it referring to Aristotle or to the Enlightenment. They prefer to speak of human welfare: a comprehensive welfare, not limited to the satisfaction of material needs. The problem that they directly face is whether and in what sense non-instrumental human relationships (that is relational goods) can be considered and dealt with as economic goods increasing human welfare. In this way, they indirectly explore the theme of the relationships between economics and happiness.

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Bibliographic Info

Paper provided by Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa in its series Working Papers - Economics with number wp2008_05.rdf.

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Length: 21 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:frz:wpaper:wp2008_05.rdf

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Keywords: Austrian School; Economics and Happiness; Well-Being; Relational Goods;

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Cited by:
  1. Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2008. "On the Causal Impact of Relational Goods on Happiness," Rivista di Politica Economica, SIPI Spa, SIPI Spa, vol. 98(5), pages 199-232, September.

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