- Paperback: 206 pages
- Publisher: Palgrave Macmillan; 2014 edition (September 4, 2014)
- Language: English
- ISBN-10: 1137364661
- ISBN-13: 978-1137364661
- Product Dimensions: 5.5 x 0.4 x 8.5 inches
- Shipping Weight: 9.6 ounces (View shipping rates and policies)
- Average Customer Review: Be the first to review this item
- Amazon Best Sellers Rank: #4,615,353 in Books (See Top 100 in Books)
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The Illusion of Well-Being: Economic Policymaking Based on Respect and Responsiveness 2014th Edition
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"Happiness may be our most prized objective. But it is elusive, hard-to-measure, and difficult to explain to others, often even to ourselves. White shows why using measures of gross domestic happiness instead of gross domestic product are doomed to fail. He persuasively concludes that governments that respect individual autonomy will do better in the aggregate than hubristic governments that use public conceptions of well-being to override private choices." - Richard A. Epstein, Laurence A. Tisch Professor of Law, New York University, USA; Peter and Kirsten Bedford Senior Fellow, The Hoover Institution, USA; James Parker Hall Distinguished Service Professor of Law Emeritus and Senior Lecturer, The University of Chicago, USA
"Adam Smith famously called out the 'man of systems' in The Theory of Moral Sentiments and warned us in The Wealth of Nations that political power would nowhere be as dangerous as in the hands of those who believe they can direct us in our decisions. Unfortunately, Smith's call for humility in the art of political economy has too often given way to exercises in hubris justified either on pure ideological grounds or on misplaced scientism ground. Mark White is one of the most articulate voices today restating the basic Smithian claim for humility in our political economy. In The Illusion of Well-Being, he tackles recent efforts by the 'men of systems' to develop happiness indicators and to use those indicators to curtail our freedom of choice and to dictate our economic lives for us. Such proposals are vague and imprecise as well as obnoxious and obtrusive. White, like Smith, calls for an economics and political economy which affords dignity and respect to the individuals. White's argument is an articulate case for an economic policymaking that is consistent with democratic ways of relating to one another as citizens, and for a political order of learning liberalism." - Peter Boettke, University Professor of Economics & Philosophy, George Mason University, USA
About the Author
Mark D. White is Chair of the Department of Philosophy at the College of Staten Island, City University of New York, USA, where he teaches courses in philosophy, economics, and law. He is the author of four books, including The Illusion of Well-Being (2014) and The Manipulation of Choice (2013), plus over forty journal articles and book chapters in the intersections between his three fields. He has also edited or co-edited a number of books, including Retributivism (2011), The Thief of Time (with Chrisoula Andreou, 2010), and Theoretical Foundations of Law and Economics (2009), and he is the editor of the Perspectives from Social Economics series at Palgrave Macmillan.