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The right balance: the economics of happiness

What makes people happy? Measuring human happiness is increasingly becoming a pursuit of economists, who use a range of research tools to gauge and

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The right balance: the economics of happiness

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What makes people happy?

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"We're still spending huge amounts of money, and we need a reallocation of that money towards things that really matter to people most of all"

Measuring human happiness is increasingly becoming a pursuit of economists, who use a range of research tools to gauge and quantify popular contentment at a national level. A common factor is money, but that’s far from the whole story, as we find out in this edition of Real Economy.

We travel to the Netherlands and meet a family who manage to get the work/life balance just right, like so many of their compatriots.

Maithreyi Seetharaman discusses the essentials of happiness economics with a founder of the academic field, Prof. Jean Paul Fitoussi
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In London we meet Baron Richard Layard, a leading labour economist who explains the complexities of measuring happiness.

We also have a user-friendly crash course in economics happiness.

To find out more watch the video