Happiness in Economics: Difference between revisions
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== Simply Textbook == | == Simply Textbook == | ||
Most economists take it as a matter of course taht higher income leads to higher happiness. And why not? A higher income expands individuals' and countries' opportunity set; that is, more goods and services can be consumed. | |||
[http://www.jstor.org/view/00220515/di021483/02p0003f/0 article, what can economists learn from happiness research?] | [http://www.jstor.org/view/00220515/di021483/02p0003f/0 article, what can economists learn from happiness research?] | ||
Revision as of 00:33, 5 November 2007
What is Happiness?
Simply Textbook
Most economists take it as a matter of course taht higher income leads to higher happiness. And why not? A higher income expands individuals' and countries' opportunity set; that is, more goods and services can be consumed.
