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From Capabilities to Contentment: Links between Happiness and Human Development Jon Hall, HDRO, UNDP
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Binocular Vision
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A Spare Eye
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A Wider Field of View
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Spotting Faint Objects
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Depth Perception
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Happiness & Human Development … Common Origins “ Our metrics are important not just because they tell us how we are doing but because they serve as guides in policy-making…. GDP measures the busy-ness of our economy. But the big question is whether we are busy doing the right things. Making your economy grow more will not necessarily get you the things that people really want. Our preoccupation with GDP makes it difficult for politicians to back policies that are good for society and for the environment but which might not result in an increase in GDP..” Joseph Stiglitz Nobel Laureate
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Happiness & Human Development … Strange Bedfellows?
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“A grumbling rich man may well be less happy than a contented peasant, but he does have a higher standard of living than that peasant” Amartya Sen
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Happiness & Human Development … Strange Bedfellows? Our overall happiness - how we feel about our lives - is what matters to us most. Richard Layard
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Happiness & Human Development can Help Each Other
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MeasurableDesirable Human DevelopmentPartiallyYes, by definition Life SatisfactionYesUsually yes (but not necessarily)
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Life Satisfaction vs the HDI
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Life Satisfaction vs the HDI – Controlling for Income
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Life Satisfaction and its Correlates HDI Job Satisfaction Perceptions of Safety Economic Conditions Trust in Government Government Effectiveness Freedom of choice Inequality Coefficient 4.813***6.305***1.685***1.08*-0.5950.818***4.454***-6.027*** Constant 2.167***0.705*4.342***5.00***5.734***5.429***2.208***6.694*** Adj- RSq 0.5840.5990.0490.020.0020.5350.3120.335 N. 152 148151133152151124
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It is better to be blind than to see things only from one point of view Indian Proverb
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