The Economics of Happiness
Our thanks to Green Monkey for suggesting the following article. It’s a good read and well worth your time.
“Our global economy is effective at many things—moving huge quantities of goods across great distances, for example, or turning mortgages into profits. What it’s not so good at is determining whether these activities are worthwhile when it comes to improving the lives of the people who live and work within the economy (not to mention preserving the natural systems on which the whole shebang depends). In many cases, economic policies that increase trade or production actually decrease well-being for millions, even billions, of people.
That’s the reality that’s leading more people (and, increasingly, governments, from Bhutan and Bolivia to Britain and France) to ask a very simple question: What’s the economy for, anyway? Do the rules and policies we create to govern the flow of money and goods exist to create ever more money and goods, or to improve our lives?
And if we decide we’d like to prioritize the latter, how do we rewrite the rules to do that?”
…Read the entire article at Yes! Magazine: Localization is the Economics of Happiness
Photo by Camille Sheppard Dohrn