Tag Archives: economics and happiness

Having more no longer satisfies us, perhaps we’ve reached ‘peak stuff’

If having more no longer satisfies us, perhaps we’ve reached ‘peak stuff’

Sunday 31 January 2016 

Societies must learn to use economics to help provide purpose and fulfilment

stuff imageReal men don’t eat quiche. Real economists don’t ask questions about happiness. The economy pumps out goods and services, all of which create jobs and incomes. There is no value judgment in such a statement, no view of what constitutes the good life. Even to invite such a question of an economist is to risk ridicule. The task of economists – a value-free quasi-science – is to make sure that as little as possible gets in the way of turning inputs into more outputs.

But around the developed world consumers seem to be losing their appetite for more. Even goods for which there once seemed insatiable demand seem to be losing their lustre. Continue reading

The Ecology of Happiness – By Dr. Dhanpaul Narine

The Ecology of Happiness

Dr. Dhanpaul Narine

Dr. Dhanpaul Narine

By Dr. Dhanpaul Narine

 International Happiness Day will be on March 20, 2015. The Secretary General of the United Nations Mr. Ban Ki-moon defines happiness to mean, ‘working to end conflict, poverty and other unfortunate conditions in which so many of our fellow human beings live.’

In various UN studies on wellbeing it was found that happy people live longer, they earn more and they are healthier, more productive and loyal. They also heal faster. Happiness is like a shining star. It radiates and it has the properties to be contagious. Happy people want others to be happy like them. Some psychologists believe that your success and personal growth will multiply with age. Happiness, however, is a relatively new field of study. But contrary to what some governments may be saying wellbeing as a science is not a global oddity.

The idea of happiness has long featured in the world’s religions and many philosophers have spent years trying to explain how one can be happy. But it has remained elusive. Continue reading

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