2015•London School of Economics and Political Science Research Online (London School of Economics and Political Science)Open access

Book review: measuring happiness: the economics of wellbeing

Laura Kudrna

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Abstract

This book examines the evolution of happiness research, considering the famous “Easterlin Paradox,” which found that people’s average life satisfaction didn’t seem to depend on their income. But they question whether happiness research can measure what needs to be measured. Laura Kudrna argues this book is well worth a read for its excellent coverage of much of the happiness literature from large surveys, as well as the interesting arguments put forth about how we should interpret this evidence.

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This book examines the evolution of happiness research, considering the famous “Easterlin Paradox,” which found that people’s average life satisfaction didn’t seem to depend on their income. But they question whether happiness research can measure what needs to be measured. Laura Kudrna argues this book is well worth a read for its excellent coverage of much of the happiness literature from large surveys, as well as the interesting arguments put forth about how we should interpret this evidence.

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Available abstract

This book examines the evolution of happiness research, considering the famous “Easterlin Paradox,” which found that people’s average life satisfaction didn’t seem to depend on their income. But they question whether happiness research can measure what needs to be measured. Laura Kudrna argues this book is well worth a read for its excellent coverage of much of the happiness literature from large surveys, as well as the interesting arguments put forth about how we should interpret this evidence.

Key concepts: Happiness, Positive economics, Life satisfaction, Measure (data warehouse), Social psychology, Psychology, Economics, Sociology

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