There are Free Lunches Statement of Intentions

There are Free Lunches: Behavioral Clues to Live Happy in the Economic World is a blog that intends to present updated and relevant information about the "hidden" and only recently uncovered dimensions of the economic science: the behavioral factors. With this blog we intend to promote in Europe and in the rest of the World, the top research articles and perspectives on behavioral economics, decision making, consumer behavior, and general behavioral science. We aim to be followed by journalists, academics, managers, civil servants, and everyone who wishes to improve their daily interaction with the economic world and consequently, their lives' happiness.

Tuesday, 17 May 2011

What is "Gross National Happiness"?

Bhutan, a country located at south-west of China, has a unique and commendable practice that you will find nowhere else in the world. One of the erstwhile kings thought that, while it was alright to strive towards economic progress, he must also know that people were actually becoming “happier” because of this progress. He talked about GNH (Gross National Happiness) besides measuring GNP (Gross National Product). I bet he was one of the visionaries who felt out of his wisdom that increasing wealth does not always result in proportionate increase in “happiness”.

The whole idea is quite interesting, you can check it here in 3 minutes:

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