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Thursday, January 8, 2009

Happiness: A Revolution in Economics


by Bruno S. Frey. Should happiness be our social goal? Can it be? For the past ten years or more, Frey (Univ. of Zurich, Switzerland; coauthor with Alois Stutzer of Economics and Psychology, CH, Dec'07, 45-2139) and a number of other scholars have been asking whether the economic focus on utility could be usefully replaced by a focus on happiness. The inevitable questions have been asked: What is happiness? How can it be measured? Would a focus on happiness lead to a different set of policy recommendations? Choice Reviews December 2008. Copyright 2008 American Library Association. (Check catalog)