Monday, March 14, 2005

Happiness: Lessons from a New Science

Happiness: Lessons from a New Science

Carol Graham: Good afternoon. Welcome, everyone. It's a real pleasure to have Richard Layard and Stan Fischer here to discuss Richard's new book, "Happiness: Lessons from a New Science," and also the subject of happiness research and its applications to policy more generally. It's also in a way a surprise to have so many people in a room for an event on happiness in a policy town like Washington. In fact, this would have been unimaginable a few years ago.

In his book, Richard Layard provides a really bold challenge for any number of policies—fiscal policy, labor market policies, other policies—and he's based this on findings from a host of happiness studies. I think his work is extremely provocative, and perhaps it's a sign of things to come.



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