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Lord Layard speech at Wellbeing Conference, HM Treasury

25 Nov 2010 | Richard Layard

This is a wonderful day for the cause of happiness. For the first time in British history, well-being is accepted as a proper objective of government policy, and therefore worth measuring as accurately as possible.

However, this raises many questions and I want to address four of them:

  • Is subjective well-being the legitimate business of government?
  • Can we measure it?
  • What causes it?
  • What are the policy implications?
Read full speech here

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