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.

Text (covid19-2022-01-24-why-wellbeing-should-be-the-goal-of) - Published Version Download (3MB)

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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:	15 Sep 2023 11:24
URI:	http://eprints.lse.ac.uk/id/eprint/114124

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