Why wellbeing should be the goal of policy
Layard, R.
(24 January 2022)
Why wellbeing should be the goal of policy.
LSE COVID-19 Blog.
(24 January 2022)
Why wellbeing should be the goal of policy.
LSE COVID-19 Blog.
Wherever there is a fixed budget constraint, money should be allocated to policies which give the greatest increase in wellbeing per pound of expenditure, argues Richard Layard (LSE). Even policy-makers unmoved by wellbeing as an objective should promote it because of its large positive effects on productivity, academic learning and life expectancy.