Layard's Lectures: Difference between revisions

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== 3rd Lecture: "What would make a happier society?" ==
== 3rd Lecture: "What would make a happier society?" ==
<br> In this lecture, Layard focuses on 7 main factors that are affected by happiness
<br> In this lecture, Layard focuses on 7 main factors that are affected by happiness
#Income
#'''Income'''
#*If a society's income as a whole falls, individuals will not be impacted because every one in the community suffers.  
#*If a society's income as a whole falls, individuals will not be impacted because every one in the community suffers.  
#Work
#'''Work'''
#*Unemployment is a disaster
#*Unemployment is a disaster
#**Trying to keep low unemployment should be a goal for governments
#**Trying to keep low unemployment should be a goal for governments
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#**pace of work also impacts workers because the pressure for them to reach certain targets. This pressure leads to stress
#**pace of work also impacts workers because the pressure for them to reach certain targets. This pressure leads to stress
#**Although everyone does not have the same preferences, everyone wants job security
#**Although everyone does not have the same preferences, everyone wants job security
#Private Life
#'''Private Life'''
#*geographical mobility
#*geographical mobility
#**economists favor geographical mobility but there are some problems with people always moving
#**economists favor geographical mobility but there are some problems with people always moving
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#*growing up and staying in the same community creates closer ties amoung individuals. Individuals in these communities are more trustworthy
#*growing up and staying in the same community creates closer ties amoung individuals. Individuals in these communities are more trustworthy
#*individuals that move around a lot sometimes become less bonded to others
#*individuals that move around a lot sometimes become less bonded to others
#Health
#'''Health'''
#*mental health is very important to happiness
#*mental health is very important to happiness
#**mental disorders lead to unhappiness such as depression
#**mental disorders lead to unhappiness such as depression
#Community
#'''Community'''
#*Happiness is not only affected by how you treat yourself but how you treat others as well
#*Happiness is not only affected by how you treat yourself but how you treat others as well
#*how you perceive others is important too
#*how you perceive others is important too
#*issue of trust
#*issue of trust
#**people are happier if they can trust others
#**people are happier if they can trust others
#Philosophy of life
#'''Philosophy of life'''
#*over the years there has been a decline in religious belief
#*over the years there has been a decline in religious belief
#*an individual can obtain happiness from not being self interested but rather from the good fortune of others
#*an individual can obtain happiness from not being self interested but rather from the good fortune of others
#Freedom
#'''Freedom'''
#*Communist governments were not well received by the people which caused unhappiness
#*Communist governments were not well received by the people which caused unhappiness
#*post-Communism countries, such as Hungary, are much happier with their government
#*post-Communism countries, such as Hungary, are much happier with their government

Revision as of 02:22, 28 November 2007

Home | Introduction to Happiness | Utility | Important Economists | Richard Layard | Layard's Lectures | Sweden | Our Conclusions


Richard Layard's Lectures

1st Lecture

1st lecture: [1]

2nd Lecture

2nd lecture: [2]

3rd Lecture: "What would make a happier society?"


In this lecture, Layard focuses on 7 main factors that are affected by happiness

  1. Income
    • If a society's income as a whole falls, individuals will not be impacted because every one in the community suffers.
  2. Work
    • Unemployment is a disaster
      • Trying to keep low unemployment should be a goal for governments
      • In most instances, having any job is better than none
      • Welfare-to-work should be implemented
    • job-security
      • if people have secure jobs, they tend to be happier
      • governments should provide reasonable job security to members of the community
      • pace of work also impacts workers because the pressure for them to reach certain targets. This pressure leads to stress
      • Although everyone does not have the same preferences, everyone wants job security
  3. Private Life
    • geographical mobility
      • economists favor geographical mobility but there are some problems with people always moving
      • increases family break up and criminality
    • growing up and staying in the same community creates closer ties amoung individuals. Individuals in these communities are more trustworthy
    • individuals that move around a lot sometimes become less bonded to others
  4. Health
    • mental health is very important to happiness
      • mental disorders lead to unhappiness such as depression
  5. Community
    • Happiness is not only affected by how you treat yourself but how you treat others as well
    • how you perceive others is important too
    • issue of trust
      • people are happier if they can trust others
  6. Philosophy of life
    • over the years there has been a decline in religious belief
    • an individual can obtain happiness from not being self interested but rather from the good fortune of others
  7. Freedom
    • Communist governments were not well received by the people which caused unhappiness
    • post-Communism countries, such as Hungary, are much happier with their government

3rd lecture: [3]


These lectures were accessed through the London School of Economics and Political Science website, at http://www.lse.ac.uk/.


Happiness studies main page: [[4]]