Happiness Economics

One of my previous posts (A New Way of Looking at GDP) delved into the field of happiness economics and talked about adding some happiness index's to GPD. Yesterday I discovered this article from Brookings Institute that is basically a retread of what I wrote.

It's an interesting read that digs into how the human psyche operates. The author elaborates on a theory of how humans synthesize happiness. This theory has been working its way through the scientific community lately, manifesting itself in several studies and literature. I myself have read on this and find it quite fascinating and would recommend looking up Daniel Gilbert or Barry Schwartz for further input on how humans synthesize their happiness