Book Reviews

2009 ◽  
Vol 47 (1) ◽  
pp. 200-202
Keyword(s):  
Public Policy ◽  
Economic Theory ◽  
Well Being ◽  
Economic Research ◽  
University Of Michigan ◽  
Happiness Research ◽  
Happiness Economics ◽  
Happiness Measurement

Jean-Benoit G. Rousseau of University of Michigan reviews “Happiness, Economics and Public Policy” by Helen Johns, Paul Ormerod,. The EconLit Abstract of the reviewed work begins “Analyzes the economic research that underlies politicians’ growing preoccupation with measures of “well-being.” Discusses happiness research and economic theory; happiness, income, and policy; happiness and macroeconomics; “gross notional happiness”--measurement and decisionmaking; and applications of happiness research. Johns is an economist. Ormerod is an economist and Director of Volterra Consulting. No index.”

scholarly journals Some Uses of Happiness Data in Economics

2006 ◽  
Vol 20 (1) ◽  
pp. 25-46 ◽  
Author(s):  
Rafael Di Tella ◽  
Robert MacCulloch
Keyword(s):  
Public Policy ◽  
Economic Theory ◽  
Political Economy ◽  
Empirical Research ◽  
Well Being ◽  
Empirical Measures ◽  
Happiness Research ◽  
Interpersonal Comparisons ◽  
Individual Welfare

Happiness research is based on the idea that it is fruitful to study empirical measures of individual welfare. The most common is the answer to a simple well-being question such as “Are you Happy?” Hundreds of thousands of individuals have been asked this question, in many countries and over many years. Researchers have begun to use these data to tackle a variety of important questions in economics. Some require strong assumptions concerning interpersonal comparisons of utility, but others make only mild assumptions in this regard. They range from microeconomic questions, such as the way income and utility are connected, to macroeconomic questions such as the tradeoff between inflation and unemployment, including large areas in political economy. Public policy is another area where progress using happiness data is taking place. Given the central role of utility notions in economic theory, we argue that the use of happiness data in empirical research should be given serious consideration.

Overview: Perspectives on the WTO Doha Development Agenda Multilateral Trade Negotiations

2005 ◽  
Vol 5 (4) ◽  
pp. 1850054 ◽  
Author(s):  
Robert M Stern
Keyword(s):  
Public Policy ◽  
International Trade ◽  
Guest Editor ◽  
Economic Research ◽  
Trade Negotiations ◽  
Columbia University ◽  
University Of Michigan ◽  
Special Issue ◽  
Multilateral Trade ◽  
The University

Overview of the Special Issue prepared under the direction of Guest Editor Robert Stern. Robert M. Stern, the Guest Editor of this special issue of the Global Economy Journal, is Professor of Economics and Public Policy (Emeritus) in the Department of Economics and Gerald R. Ford School of Public Policy at the University of Michigan, Ann Arbor. He received his Ph.D. in economics from Columbia University in 1958. He was a Fulbright scholar in the Netherlands in 1958-59, taught at Columbia University for two years, and joined the faculty at the University of Michigan in 1961. He has been an active contributor to international economic research and policy for more than four decades. He has published numerous papers and books on a wide variety of topics, including international commodity problems, the determinants of comparative advantage, price behavior in international trade, balance-of-payments policies, the computer modeling of international trade and trade policies, trade and labor standards, and services liberalization. He has collaborated with Alan Deardorff (University of Michigan) since the early 1970s and with Drusilla Brown (Tufts University) since the mid-1980s in developing the Michigan Model of World Production and Trade. He is currently working with Drusilla Brown and Kozo Kiyota (Yokohama National University) on the computational modeling and analysis of preferential and multilateral trade negotiations, and issues relating to the scope of the WTO and concepts of fairness in the global trading system with Andrew Brown.

Book Reviews

Transfers ◽  
2016 ◽  
Vol 6 (2) ◽  
pp. 146-165
Author(s):  
James Longhurst ◽  
Sheila Dwyer ◽  
John Lennon ◽  
Zhenhua Chen ◽  
Rudi Volti ◽  
...  
Keyword(s):  
Public Policy ◽  
New York ◽  
University Of Michigan ◽  
University Of Chicago ◽  
British Imperialism ◽  
Ann Arbor ◽  
History Of ◽  
Duke University ◽  
University Of Chicago Press

Book ReviewsPeter Cox, ed. Cycling Cultures (Chester, UK: University of Chester, 2015) - James LonghurstDaniel Owen Spence, Colonial Naval Culture and British Imperialism, 1922–67 (Manchester: Manchester University Press, 2015) - Sheila DwyerColin Divall, ed., Cultural Histories of Sociabilities, Spaces and Mobilities (London: Pickering and Chatto, 2015) - John LennonChristopher Kopper and Massimo Moraglio, eds., Th e Organization of Transport: A History of Users, Industry, and Public Policy (New York: Routledge, 2014) - Zhenhua ChenPaul Ingrassia, Engines of Change: A History of the American Dream in Fifteen Cars (New York: Simon and Schuster, 2012) - Rudi VoltiHagar Kotef, Movement and the Ordering of Freedom: On Liberal Governances of Mobility (Durham, NC: Duke University Press, 2015) - Gopalan BalachandranBernd Stiegler, Traveling in Place: A History of Armchair Travel. Trans. Peter Filkins. (Chicago: University of Chicago Press, 2010) - Katarina GephardtThomas Buhler, Déplacements urbains: sortir de l’orthodoxie. Plaidoyer pour une prise en compte des habitudes (Lausanne: Presses Polytechniques et Universitaires Romandes, 2015) - Mathieu FlonneauRuth A. Miller, Snarl: In Defense of Stalled Traffi c and Faulty Networks (Ann Arbor: University of Michigan Press, 2015) - Kyle SheltonNovel ReviewEmily St. John Mandel, Station Eleven (London: Picador, 2014) - Fiona Wilkie

scholarly journals Building Happiness Indicators Some Philosophical and Political Issues

2016 ◽  
Vol 10 (2) ◽  
pp. 4-37 ◽  
Author(s):  
Xavier Landes
Keyword(s):  
Public Policy ◽  
Well Being ◽  
Composite Indicators ◽  
Subjective Well Being ◽  
Central Theme ◽  
Political Issues ◽  
Happiness Research ◽  
Institutional Issues ◽  
Public Debates

Happiness has become a central theme in public debates. Happiness indicators illustrate this importance. This article offers a typology of the main challenges conveyed by the elaboration of happiness indicators, where happiness can be understood as hedonia, subjective well-being, or eudaimonia. The typology is structured around four questions: (1) what to measure?—i.e., the difficulties linked to the choice of a particular understanding of happiness for building an indicator; (2) whom to include?—i.e., the limits of the community monitored by such an indicator; (3) how to collect the data?—i.e., the difficulties stemming from objective and subjective reporting; (4) what to do?—i.e., the concerns about the use of happiness indicators in public policy. The major points of normative contention are discussed for each of these dimensions. The purpose of this article is to contribute in a constructive manner to happiness research by offering an overview of some major philosophical and political challenges of building happiness indicators. The conclusion underlines the importance of the strategy of diversification- hybridization, which consists in setting a variety of indicators or composite indicators that articulate different understandings of happiness. It is stressed that happiness indicators raise democratic and institutional issues with which normative thinkers should deal.

Book Reviews

2017 ◽  
Vol 55 (1) ◽  
pp. 209-216 ◽  
Keyword(s):  
Economic Theory ◽  
Ethical Issues ◽  
Codes Of Ethics ◽  
Economic Education ◽  
Applied Economics ◽  
Economic Research ◽  
Economic Ethics ◽  
Johns Hopkins University ◽  
Economic Practice

Anne O. Krueger of Johns Hopkins University reviews “The Oxford Handbook of Professional Economic Ethics,” edited by George F. DeMartino and Dierdre N. McCloskey. The Econlit abstract of this book begins: “Thirty-seven papers explore a range of questions related to the nature of ethical economic practice and the content of professional economic ethics. Papers focus on uncertainty, risk, and professional economic ethics; the ethical nature of economic practice; the ethical entailments of economic theory; ethical issues in economic research; ethical issues in applied economics; ethical issues in economic education; and looking ahead--codes of ethics.”

Beyond GDP: The Quest for a Measure of Social Welfare. Part I

2012 ◽  
pp. 67-93 ◽  
Author(s):  
M. Fleurbaey
Keyword(s):  
Economic Theory ◽  
Social Welfare ◽  
Well Being ◽  
National Product ◽  
Future Generations ◽  
Modern Economic ◽  
Aggregate Wealth ◽  
Net National Product ◽  
Sustainability Policy ◽  
Beyond Gdp

The first part of the paper is devoted to the monetary indicators of social welfare. It is shown which methods of quantitative estimating the aggregate wealth and well-being are available in the modern economic theory apart from the traditional GDP measure. The limitations of the methods are also discussed. The author shows which measures of welfare are adequate in the dynamic context: he considers the problems of intertemporal welfare analysis using the Net National Product (NNP) for the sustainability policy and in the context of concern for well-being of the future generations.

Economics of Happiness as an Academic Research Discipline

2012 ◽  
pp. 94-107 ◽  
Author(s):  
O. Antipina
Keyword(s):  
Economic Performance ◽  
Research Methodology ◽  
Academic Research ◽  
Well Being ◽  
Economic Indicators ◽  
Research Discipline ◽  
Happiness Economics ◽  
Education And Health ◽  
Economics Of Happiness ◽  
Happiness Level

The article contains a review of the contemporary research in the field of economics of happiness. Economics of happiness deals with correlation between the subjective notion of well-being and happiness with ones life (happiness level) and economic indicators. The author considers the correlation of economic and noneconomic factors. The last ones —  such as education and health — also affect the level of happiness. The author dwells upon the following questions: research methodology in economics of happiness, correlation between subjective notion of well-being and happiness with ones life and economic performance on micro- and macrolevels.

Parenthood and Psychological Well-being in Finland: Does Public Policy make a difference?

2001 ◽  
Vol 32 (1) ◽  
pp. 61-74 ◽  
Author(s):  
Jukka Savolainen ◽  
Eero Lahelma ◽  
Karri Silventionen ◽  
Anne Hélène Gauthier
Keyword(s):  
Public Policy ◽  
Well Being ◽  
Psychological Well Being
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