Monday, August 27, 2007

Happiness, economics and public policy

“A well-functioning democracy with a grip on reality are admittedly modest aims compared with the maximisation of world happiness, but they nevertheless take a certain effort to maintain. Proponents of the use of happiness measures are prepared to undermine economic freedom and democratic decision making in order to achieve the unachievable.” —Helen Johns and Paul Ormerod, on the launch of their report Happiness, Economics and Public Policy

See also commentary by the Guardian's economics editor Larry Elliott.

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