What makes people happy?
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
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.