03930nam 2200709 a 450 991045807720332120200520144314.01-282-96441-097866129644111-4008-2926-710.1515/9781400829262(CKB)1000000000380936(EBL)646754(OCoLC)701704241(SSID)ssj0000469850(PQKBManifestationID)11330408(PQKBTitleCode)TC0000469850(PQKBWorkID)10512073(PQKB)11404081(MiAaPQ)EBC646754(OCoLC)707924298(MdBmJHUP)muse36894(DE-B1597)446760(OCoLC)979745133(DE-B1597)9781400829262(Au-PeEL)EBL646754(CaPaEBR)ebr10442053(CaONFJC)MIL296441(EXLCZ)99100000000038093620010912d2002 uy 0engur|n|---|||||txtccrHappiness and economics[electronic resource] how the economy and institutions affect well-being /Bruno S. Frey and Alois StutzerCore TextbookPrinceton, N.J. Princeton University Pressc20021 online resource (233 p.)Description based upon print version of record.0-691-06997-2 0-691-06998-0 Includes bibliographical references and index.pt. 1. Setting the stage -- pt. 2. Economic effects on happiness -- pt. 3. Political effects on happiness -- pt. 4. Conclusions.Curiously, economists, whose discipline has much to do with human well-being, have shied away from factoring the study of happiness into their work. Happiness, they might say, is an ''unscientific'' concept. This is the first book to establish empirically the link between happiness and economics--and between happiness and democracy. Two respected economists, Bruno S. Frey and Alois Stutzer, integrate insights and findings from psychology, where attempts to measure quality of life are well-documented, as well as from sociology and political science. They demonstrate how micro- and macro-economic conditions in the form of income, unemployment, and inflation affect happiness. The research is centered on Switzerland, whose varying degrees of direct democracy from one canton to another, all within a single economy, allow for political effects to be isolated from economic effects. Not surprisingly, the authors confirm that unemployment and inflation nurture unhappiness. Their most striking revelation, however, is that the more developed the democratic institutions and the degree of local autonomy, the more satisfied people are with their lives. While such factors as rising income increase personal happiness only minimally, institutions that facilitate more individual involvement in politics (such as referendums) have a substantial effect. For countries such as the United States, where disillusionment with politics seems to be on the rise, such findings are especially significant. By applying econometrics to a real-world issue of general concern and yielding surprising results, Happiness and Economics promises to spark healthy debate over a wide range of the social sciences.HappinessEconomic aspectsEconomicsPsychological aspectsWell-beingElectronic books.HappinessEconomic aspects.EconomicsPsychological aspects.Well-being.174Frey Bruno S121764Stutzer Alois282072MiAaPQMiAaPQMiAaPQBOOK9910458077203321Happiness and economics673208UNINA