Joel Schaefer

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What is all our wealth for, anyway? Surely it is not, as most economists advocate, just to produce more wealth. Gross domestic product (GDP) was, during the industrial revolution, a decent first approximation to how well a nation was doing. Now, however, every time we build a prison, every time there is a divorce, a motor accident, or a suicide, the GDP—just a measure of how many goods and services are used—goes up. The aim of wealth should not be to blindly produce a higher GDP but to produce more well-being. General well-being—positive emotion, engagement at work, positive relationships, and ...more
Flourish: A Visionary New Understanding of Happiness and Well-being
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