On the occasion of the launch of this flagship publication, Eurostat, the statistical office of the European Union, publishes a selection of the range of indicators it contains related to well-being and satisfaction of people in Europe in 2013. They provide a broad overview of the wealth of information measuring quality of life in the … Continue reading
How was life in 1820, and how has it improved since then? What are the long-term trends in global well-being? Views on social progress since the Industrial Revolution are largely based on historical national accounting in the tradition of Kuznets and Maddison. But trends in real GDP per capita may not fully reflect changes in … Continue reading
According to the latest findings from the ONS Annual Population Survey, there were small improvements in personal well-being in the UK between 2011/12 and 2012/13. Continue reading
“Previous literature has found that both unemployment and inflation lower happiness” write David G. Blanchflower, David N.F. Bell, Alberto Montagnoli and Mirko Moro in The effects of macroeconomic shocks on well-being (Adapted chosen excerpts by Job Market Monitor to follow). The macroeconomist Arthur Okun characterised the negative effects of unemployment and inflation by the misery index – the sum of the … Continue reading