Monday, June 25, 2012

Quote of the Day: The Folly of Measuring Happiness

What the economists could measure pretty easily, though, was the money you have for buying sandwiches or paying the rent. Income is not your happiness and doubling it will not make you twice as happy—but it does measure your capability for action.

That’s from a lengthy critique, by Professor and author Deirdre McCloskey, on experts who fallaciously attempt to “engineer a happy society”

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