Revisiting the economy by taking into account the different dimensions of well-being
AbstractIn 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.
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Bibliographic InfoPaper provided by Associazione Italiana per la Cultura della Cooperazione e del Non Profit in its series AICCON Working Papers with number 60-2009.
Length: 17 pages
Date of creation: 29 Jan 2009
Date of revision:
well-being; sustainable happiness; role; ethical and solidarity initiatives;
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-22 (All new papers)
- NEP-HAP-2009-02-22 (Economics of Happiness)
- NEP-HEA-2009-02-22 (Health Economics)
- NEP-HPE-2009-02-22 (History & Philosophy of Economics)
- NEP-SOC-2009-02-22 (Social Norms & Social Capital)
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