Happiness and Economics
How the Economy and Institutions Affect Human Well-Being
- 234 pages
- 9 hours of reading
The book explores the empirical connections between happiness, economics, and democracy, challenging the notion that happiness is an unscientific concept. Economists Bruno S. Frey and Alois Stutzer utilize insights from psychology, sociology, and political science to show how economic factors like income, unemployment, and inflation influence happiness. Their research focuses on Switzerland, leveraging its diverse direct democratic practices across cantons to isolate political impacts from economic ones, providing a unique perspective on quality of life.
