Illusion of Well-Being: Economic Policymaking Based on Respect and Responsiveness
By: Mark D. White (author)Paperback
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The use of measures of economic output to guide policymaking has been criticized for decades because of their weak ties to human well-being. Recently, many scholars and politicians have called for measures of happiness or subjective well-being to be used to guide policy in people's true interests. In The Illusion of Well-Being, Mark D. White explains why using happiness as a tool for policymaking is misguided and unethical. Happiness is too vague a term to define, and too general a concept, to measure in a way that captures people's true feelings. He extends this critique to well-being in general and concludes that no measure of well-being can do justice to people's true interests, which are complex, multifaceted, and subjective. White suggests instead that policymaking be conducted according to respect and responsiveness, promoting the true interests of citizens while addressing their real needs, and devoting government resources to where they can do the most good.
Mark D. White is Chair of the Department of Philosophy at the College of Staten Island, City University of New York, USA, where he teaches courses in philosophy, economics, and law. He is the author of four books, including The Illusion of Well-Being (2014) and The Manipulation of Choice (2013), plus over forty journal articles and book chapters in the intersections between his three fields. He has also edited or co-edited a number of books, including Retributivism (2011), The Thief of Time (with Chrisoula Andreou, 2010), and Theoretical Foundations of Law and Economics (2009), and he is the editor of the Perspectives from Social Economics series at Palgrave Macmillan.
1. Happiness ... in which we try to stop a bad idea before it grabs hold The Case for Happiness The Problems with Happiness Much Ado about Happiness 2. Well-Being ... in which we cast a wider net and catch a much larger fish What Is Well-Being? Preferences Making Preferences 'Better' From Preferences to Welfare Much Ado about Preferences Too 3. Interests ... in which we clarify what's really important Interests: What Matters to Us Value Substitution What About Care? 4. Respect ... in which we explain how things ought to be done On Measurement, Maximization, and Rules Process versus Outcomes Policymaking Based on Respect and Responsiveness What If Someone Gets Hurt? What Should the Government Do, Then?
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