Economics of Well-Being

January 12, 2014
(was 06.16.2013)

Why do we assume more money is better?  Maybe if we weren't so focused on how much we have, we'd ask a better question:  How much is enough?  We explore the relationship between money and happiness, and alternative forms of currency.  Also, Great Britain's experiment in Gross National Happiness. 

  1. Neil Irwin on Central Bankers

    Fed Reserve Chairman Ben Bernake may wield more power over the economy than anyone else, even though he was never elected.  Washington Post journalist Neil Irwin takes us inside the elite club of the world's leading central bankers.

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  2. Alternative Currencies

    Do banks really have to rule the world?  Not if we use alternative currencies.  Bernard Lietaer and Jacqui Dunne say thousands of these different exchange systems already exist to meet people's real needs.

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  3. Elizabeth Dunn on Happy Money

    We all think we'd be happier with more money.  But once your annual income hits $75,000, making more money has no impact on your happiness.  Elizabeth Dunn talks about "happy money."

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  4. Economics of happiness

    Great Britain is one of the first countries to create "a gross national happiness index" - thanks largely to Lord Richard Layard.  He says economics should focus on what makes people happy.

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  5. Rebecca Ryan on "Re-Generation"

    Suppose we thought of the economy in seasons?  Economist Rebecca Ryan says we'd be in winter.  She thinks we're nearing the end of another cycle in American history, and spring is still to come. 

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