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Why wellbeing should be the goal of policy

Layard, Richard (2022) Why wellbeing should be the goal of policy. LSE COVID-19 Blog (24 Jan 2022). Blog Entry.

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Abstract

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.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/covid19/
Additional Information: © 2022 The Author
Divisions: Centre for Economic Performance
Subjects: R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
B Philosophy. Psychology. Religion > BF Psychology
Date Deposited: 16 Mar 2022 00:14
Last Modified: 16 Mar 2022 00:14
URI: http://eprints.lse.ac.uk/id/eprint/114124

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