Tag Archives: economics

Happiness: Is there a price? (2/2)

In last week’s article I discussed the ways in which we have attempted to quantify happiness, through the prism of case studies such as Bhutan and its Gross National Happiness index. The study of wellbeing is thought to be relatively new, but the challenge of quantifying wellbeing has been something which economists, philosophers and psychologists have been attempting to solve

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Economics: Long Live the King?

  By Todd Olive (C), GLOBUS Editor-in-Chief, with contributions from Dr Marta Guerriero (L) and Dr Leon Sealey-Huggins (R), Senior Teaching Fellows, Global Sustainable Development Division, University of Warwick Economics: Long Live the King? Header Image: Photo by Chris Li on Unsplash ‘Has economics failed?’ – the question asked by a Financial Times article read recently by this correspondent, and one that perhaps serves

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WES: Universal Basic Income

At the recent Warwick Economics Summit, Professor Guy Standing (co-founder of the Basic Income Earth Network) challenged the key merits of capitalism by discrediting the ‘free’ nature of free markets, questioning the extent to which property rights foster economic development, and criticising the current lack of incentive to protect common goods. Whilst not providing an overarching solution to the problems

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