Gross National Happiness Part 2
I feel so happy, read on…
GNH as Goal
Happiness is a subjectively felt public good. Happiness is a public good, as all human beings value it. Hence, the government of Bhutan takes the view that it cannot be left exclusively to private individual devices and strivings. If a governments policy framework, and thus a… Continue reading
Gross National Happiness – Bhutan, Part 1
The Gross National Happiness Index has been discussed and marvelled at but I don’t see many countries seriously adopting it, I wonder why? GNH is an indicator that measures happiness. Therefore the whole goal of government is to ensure the people are happy. I actually wondered about if Governments spent a lot of the time… Continue reading
Happy Planet Index
What we need is new measures to guide how we organise economically and socially, yet in the reverse order. In a article by the Guardian, the author speaks of the Happy Planet Index. There may be more reflective measures if we redefined our goals as the optimisation of happiness as real wealth. The real question… Continue reading
The Stern Report – Key Elements
The focus on Gross Domestic Product (GDP), the aggregation of demand C+I+G+X-M (Consumption plus Investment plus Government spending plus Exports less Imports) is what is focussed on to give an indication of wealth. Countries receive Moody’s credit ratings which enable them to raise finance. Finance is the lifeblood of the capitalist system. So this index… Continue reading
Be the Change: World Trip – Economy Part 1
I have traveled the world and looked at it from the perspective of a person trained in
economics and a clown (no less ha). This is based on my experience and is my perspective, I respect others will be different. This is the great diversity we all live in. No two… Continue reading
Economic Facts in Egypt
This is extracted from my blog Clowning Around the World, August 2010. On my way to Egypt I picked up the Economist magazine to get a picture of this part of the world. The current crisis over there will have an impact on their economic profile and I am sure the authorities don’t want to… Continue reading