Happiness in Economics

by Richard A. Easterlin (Editor)

Happiness in Economics presents a selection of the most important economics articles on individuals' subjective well-being. The volume demonstrates that economics is relevant for people's happiness. Part I includes key early papers on happiness and income, determinants of the happiness-income relationship, and policy implications, as well as the Leyden analysis of income norms. Part II contains recent analyses of the determinants of happiness. This fascinating and innovative collection will provide invaluable information and analysis for students, researchers and policymakers.

272 pages, Hardcover

First published May 31, 2002

About the author

Richard Ainley Easterlin was a professor of economics at the University of Southern California. He is best known for the economic theory named after him, the Easterlin paradox. Another of his contributions is the Easterlin hypothesis about long waves of baby booms and busts.