Tag: Ruut Veenhoven

Considering environmental impact in happiness rankings

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Emeritus Professor Yew-Kwang Ng, a leading MalaysianAustralian economist has a particular interest in welfare economics – the optimal allocation of economic resources, goods, and income to best improve the overall good of society. While many may see a country’s GDP and its per capita values as measures of its success, Ng is concerned with its citizens’ overall wellbeing, and their happiness is key to that.

Most, if not all, people want to live a happy life, so surely a measure of a country’s success as a nation is how happy its citizens are? Most international success indices rank countries according to how they perform against various measures and include happiness as a key value, but fail to include the cost, especially to others. Emeritus Professor […]

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