"Offers a welcome, thought-provoking, and engaging snapshot of this emerging field."--Science
"A comprehensive synthesis of research on determinants of happiness.... It is time that sociologists join economists in pursuit of answers to the question, 'what makes us happy?'"--Contemporary Sociology
"In the past decade there has emerged a substantial literature on the economics of happiness. What makes people happy--earnings, health, the economic environment, the political system, neighbors, family? And what effect does happiness have on earnings, health, and the political system? A prodigious contributor to that literature is Dr. Carol Graham, who has now assembled a masterful review of the subject."--Thomas Schelling, Nobel Laureate in Economics 2005, Distinguished University Professor, Emeritus, University of Maryland
"Most of us could not imagine what it would be like to live in Afghanistan. But Afghans are happier, at least by a little bit, than the average for the world as a whole. They, like people everywhere, are tremendously adaptable, and manage to smile even through the worst of it. Money may make some difference, but it is not everything. Carol Graham, in this well-written volume, describes what makes people happy, and what makes them sad, and shows what the new economics of happiness means for economic and social policy."--George Akerlof, Nobel Laureate in Economics, Koshland Professor of Economics, University of California at Berkeley
"This is a wide-ranging and thoughtful survey of what makes people happy, including fascinating original research and important and provocative conclusions."--Professor Lord Richard Layard, Centre for Economic Performance, London School of Economics
About the Author
Carol Graham is Senior Fellow and Charles Robinson Chair at the Brookings Institution and College Park Professor at the University of Maryland. She served as Vice President and Director of Governance Studies at Brookings from 2002-2004 and as a Special Advisor to the Deputy Managing Director of the IMF. She was a Special Adviser to the Executive Vice President of the Inter-American Development Bank while on a Council on Foreign Relations International Affairs Fellowship, and has consulted at a number of international financial institutions. Her research has received support from the Hewlett, Tinker, and MacArthur Foundations, as well as the Office of the Chief Economist of the World Bank. She is the author of numerous books and articles on poverty, inequality, and social welfare policy. Graham has an A.B. from Princeton University, an M.A. from The Johns Hopkins School of Advanced International Studies and a Ph.D. from Oxford University.