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Political economy of happiness

Author

Listed:
  • Bruno S. Frey
  • Jana Gallus

Abstract

Happiness research has been a great success by yielding new and important insights. These results are often used in a technocratic manner: Governments should maximize, or at least raise, the subjective well-being of the population measured by the national happiness index. Yet the government has strong incentives and a wide range of possibilities to manipulate this index to its advantage. Happiness policy must be part of the normal democratic process where divergent views are considered and aggregated. In particular, competition between parties is a prerequisite for the insights from happiness research put to the benefit of the citizens.

Suggested Citation

  • Bruno S. Frey & Jana Gallus, 2013. "Political economy of happiness," Applied Economics, Taylor & Francis Journals, vol. 45(30), pages 4205-4211, October.
    • Handle: RePEc:taf:applec:v:45:y:2013:i:30:p:4205-4211
    DOI: 10.1080/00036846.2013.778950
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    References listed on IDEAS

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    1. Friedrich Schneider (ed.), 2008. "The Economics of the Hidden Economy," Books, Edward Elgar Publishing, volume 0, number 3074.
    2. Fabrizio Balassone & Daniele Franco & Stefania Zotteri, 2007. "The Reliability of EMU FIscal Indicators: Risks and Safeguards," Temi di discussione (Economic working papers) 633, Bank of Italy, Economic Research and International Relations Area.
    3. Friedrich Schneider (ed.), 2011. "Handbook on the Shadow Economy," Books, Edward Elgar Publishing, number 13432.
    4. Bruno S. Frey, 2008. "Happiness: A Revolution in Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262062771, December.
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    Citations

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    Cited by:

    1. Rosalia Castellano & Gabriella Bernardo & Gennaro Punzo, 2023. "Well-being in OECD countries: an assessment of technical and social efficiency using data envelopment analysis," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 70(2), pages 141-176, June.
    2. Adalgiso Amendola & Roberto Dell'Anno & Lavinia Parisi, 2022. "Why some people are not as happy as they could be: the role of unobservable subjective factors," International Journal of Happiness and Development, Inderscience Enterprises Ltd, vol. 7(1), pages 40-63.
    3. Bruno S. Frey, 2005. "Zwei Utopien jenseits des Weltstaates und der Anarchie," IEW - Working Papers 258, Institute for Empirical Research in Economics - University of Zurich.
    4. Sebastian Edwards, 1993. "The Political Economy of Infaliton and Stabilization in Developing Countries," NBER Working Papers 4319, National Bureau of Economic Research, Inc.

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