Happy Days

Last year, Justin Wolfers and I wrote a comment on a paper by US/UK economists Danny Blanchflower and Andrew Oswald. Ten days ago, the UK Daily Telegraph came out on their side. Now, true to national stereotypes, Alan Wood in the Oz has come out on our side, taking a few swings at the anti-growth folks along the way.

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4 Responses to Happy Days

  1. Bring Back EP at LP says:

    No-one could say Alan can’t see the Wood for the trees!

    I think in his case and mine the reason we agree are the reasons given not the nationality involved.

  2. Christine says:

    Look, Alan Wood might be right, but the Tele article is funnier. Particularly because it shows up the great envy of Australia in England. They obviously only think this is newsworthy because Australia comes out badly, and even then can’t resist a dig on the sports front. Poor things.

  3. Ben Ticehurst says:

    Andrew,

    Sometimes I think the real issue of happiness research and economic growth becomes muddy. The point is not whether growth in GDP makes us unhappy. If it only makes a marginal difference to happiness (in either direction) then the environmental cost behoves us to abandon this as a measure of societal progress. Exponential growth in material resource consumption is a dangerous fantasy.

    Cheers,

    Ben.

  4. Andrew Leigh says:

    Ben, your comment partially prompted my post on the environmental Kuznets curve today. While more growth doesn’t necessarily reduce emissions (yet), at our level of development it also doesn’t increase them much either.

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