Important Economists: Difference between revisions
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[[Image:Bentham.gif]] | [[Image:Bentham.gif]] | ||
"In the eighteenth century Bentham and others proposed that the object of public policy should be to maximize the sum of happiness in society. So economics evolved as the study of utility or happiness, which was assumed to be in principle measurable and comparable across people." (Layard, Lecture 1) | |||
== Richard Easterlin== | == Richard Easterlin== |
Revision as of 17:11, 28 November 2007
Economists that Focus on Happiness in Economics
Jeremy Bentham
"In the eighteenth century Bentham and others proposed that the object of public policy should be to maximize the sum of happiness in society. So economics evolved as the study of utility or happiness, which was assumed to be in principle measurable and comparable across people." (Layard, Lecture 1)
Richard Easterlin
"First economist to make prominant use of Happiness data" (from first website below)
article,Some uses of Happiness Data in Economics
article, Happiness and Economic Performance
Bruno Frey