Book Details


Wellbeing Economics

Publication year: 2018

ISBN: 978-3-319-93194-4

Internet Resource: Please Login to download book

Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found.This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.

Subject: Open Access, Capabilities approach, Human development, Economic policy, Economic policy alternatives, Public health, Human capital, Household economics, Global community, Public policy, Political economics, Regional economics, The Economics of the Nation State, GDP and wellbeing, Wellbeing economics, The Wellbeing Economics Policy Framework, Social capital, Knowledge capital, Diplomatic capital