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Understanding Economics in the Context of Prosperity Concept

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  • Demiessie, Habtamu

Abstract

This Article is an extract from my newly published book titled ‘Ethiopia: From Revolutionary Democracy to Prosperity - The Moral and Philosophical Foundations of a Prosperous Society’,Pages 108-111; 114. This monograph book, which is available for sale online via amazon.com, documents the foundation of state governance, politics, economy, education and society in Ethiopia in the period between 1991 and 2020. Narratives made in the book are organized into Six (6) parts. Within the domain of the six sections, there are thirty (30) chapters structured on diverse themes: politics, economy, ideology, philosophy, lifestyle, history and education. An extract from the book, this article reflects on the economics of prosperity. Hence, the concept of prosperity defined; the essence of prosperity discussed and the theory (teachings) and practices (development policy) in the context of prosperity was also conceptualized. Summary about the book is depicted in the annex part of this article.

Suggested Citation

  • Demiessie, Habtamu, 2021. "Understanding Economics in the Context of Prosperity Concept," MPRA Paper 105692, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:105692
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    File URL: https://mpra.ub.uni-muenchen.de/105692/1/MPRA_paper_105692.pdf
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    References listed on IDEAS

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    1. Andrew E. Clark & Claudia Senik, 2011. "Is Happiness Different From Flourishing? Cross-Country Evidence from the ESS," Revue d'économie politique, Dalloz, vol. 121(1), pages 17-34.
    2. Ed Diener, 2006. "Guidelines for National Indicators of Subjective Well-Being and Ill-Being," Journal of Happiness Studies, Springer, vol. 7(4), pages 397-404, November.
    3. Easterlin, Richard A., 1974. "Does Economic Growth Improve the Human Lot? Some Empirical Evidence," MPRA Paper 111773, University Library of Munich, Germany.
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    Keywords

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    JEL classification:

    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • K0 - Law and Economics - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P4 - Political Economy and Comparative Economic Systems - - Other Economic Systems
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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