Whoa! Shiver me timbers. Quickly skimming through Richard Layard's second lecture of
three I am getting the impression that he is
inadvertently stumbling over insights that the turn of the last century Cambridge
economists took as axiomatic. That is before the
ban on comparing utilities came into
Money and happiness
The evidence is clear: our wellbeing depends on cooperation and the public
good, not personal enrichment
Polly Toynbee
Friday March 7, 2003
The Guardian
When God died, GDP took over and economists became the new high priests.
That has been the story of the last century, with