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Emotional prosperity and the Stiglitz commission
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Oswald, Andrew J. (2010) Emotional prosperity and the Stiglitz commission. British Journal of Industrial Relations, Vol.48 (No.4). pp. 651-669. doi:10.1111/j.1467-8543.2010.00818.x ISSN 0007-1080.
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Official URL: http://dx.doi.org/10.1111/j.1467-8543.2010.00818.x
Abstract
This article argues — in line with the proposals of the recent Stiglitz Commission on the Measurement of Economic Performance and Social Progress — that we should now be measuring a nation's emotional prosperity rather than its economic prosperity (i.e. we ought to focus on the level of mental well-being, not on the number of pounds in people's bank accounts). The article reviews recent ideas in this field. It also describes seven recent studies that, worryingly, suggest that emotional prosperity may be declining through time. For labour-market specialists, a key question for future research is how much this downward trend can be traced back to increased pressures in working life. That question currently remains open.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | British Journal of Industrial Relations | ||||
Publisher: | Wiley-Blackwell Publishing Ltd. | ||||
ISSN: | 0007-1080 | ||||
Official Date: | December 2010 | ||||
Dates: |
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Volume: | Vol.48 | ||||
Number: | No.4 | ||||
Number of Pages: | 19 | ||||
Page Range: | pp. 651-669 | ||||
DOI: | 10.1111/j.1467-8543.2010.00818.x | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
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