Overview
- Offers an integrated account of how levels of activity and types of capital investment connect in a Wellbeing Economics framework for policy formulation and implementation
- Outlines different levels of action for wellbeing, so that central government policies can integrate what is already occurring as a result of individual, household, community, regional and market activities, while recognising that some problems require international collaboration
- Constructs a positive and rich paradigm for designing policies to raise personal and social wellbeing
- Is informed by, and provides clear references to, a wide economics literature and practical policy examples
- Accessible to non-specialist readers
Part of the book series: Wellbeing in Politics and Policy (WPP)
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Table of contents (9 chapters)
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Front Matter
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Back Matter
Keywords
- Capabilities approach
- Human development
- Economic policy
- Economic policy alternatives
- Public health
- Human capital
- Household economics
- Global community
- Public policy
- Political economics
- Regional economics
- Open Access
- The Economics of the Nation State
- GDP and wellbeing
- Wellbeing economics
- The Wellbeing Economics Policy Framework
- Social capital
- Knowledge capital
- Diplomatic capital
- Open Access
About this book
Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found.
This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others.
The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.
Authors and Affiliations
About the authors
Paul Dalziel is Professor of Economics and Deputy Director of the Agribusiness and Economics Research Unit at Lincoln University, New Zealand.
Caroline Saunders is Professor of Trade and Environmental Economics and Director of the Agribusiness and Economics Research Unit at Lincoln University, New Zealand.
Joe Saunders is Assistant Professor in Post-Kantian Philosophy at the University of Durham, UK.
Bibliographic Information
Book Title: Wellbeing Economics
Book Subtitle: The Capabilities Approach to Prosperity
Authors: Paul Dalziel, Caroline Saunders, Joe Saunders
Series Title: Wellbeing in Politics and Policy
DOI: https://doi.org/10.1007/978-3-319-93194-4
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018
Hardcover ISBN: 978-3-319-93193-7Published: 26 September 2018
Softcover ISBN: 978-3-030-06609-3Published: 26 December 2018
eBook ISBN: 978-3-319-93194-4Published: 11 September 2018
Series ISSN: 2629-2394
Series E-ISSN: 2629-2408
Edition Number: 1
Number of Pages: XVII, 196
Number of Illustrations: 23 b/w illustrations
Topics: Social Choice/Welfare Economics/Public Choice/Political Economy, Public Policy, Governance and Government, Economic Policy, Economic Growth