What is Happiness? Why is Happiness Important.- Happiness versus Preference.- Some Conceptual Mistakes about Happiness.- Happiness or Life Satisfaction.- Happiness as the Only Intrinsic Value.- The Measurement and Comparison of Happiness.
Yew-Kwang Ng has been Special Chair Professor at the School of Economics, Fudan University, Shanghai, and is Emeritus Professor with Monash University. He is in the Advisory Board of the Global Priorities Institute at Oxford University and was invited to deliver the inaugural Atkinson Memorial Lecture in 2018 at Oxford University. He has received many awards including the top award (Distinguished Fellow) of the Economic Society of Australia in 2007.
This open access book defines happiness intuitively and explores several common conceptual mistakes with regard to happiness. It then moves on to address topical issues including, but not limited to, whether money can buy you happiness, why happiness is ultimately the only thing of intrinsic value, and the various factors important for happiness. It also presents a more reliable and interpersonally comparable method for measuring happiness and discusses twelve factors, from A to L, that are crucial for individual happiness: attitude, balance, confidence, dignity, engagement, family/friends, gratitude, health, ideals, joyfulness, kindness and love. Further, it examines important public policy considerations, taking into account recent advances in economics, the environmental sciences, and happiness studies. Novel issues discussed include: an environmentally responsible happy nation index to supplement GDP, the East Asian happiness gap, a case for stimulating pleasure centres of the brain, and an argument for higher public spending.