Expertise: wellbeing, labour, unemployment, educational policy, happiness
Richard Layard was founder-director of the LSE Centre for Economic Performance, a large research centre covering most areas of economic policy. Since 2000 he has been a member of the House of Lords.
He has written widely on unemployment, inflation, education, inequality and post-Communist reform. He was an early advocate of the welfare-to-work approach to unemployment, and co-authored the influential book Unemployment: Macroeconomic Performance and the Labour Market (OUP 1991).
From 1997-2001 he helped implement these policies as a consultant to the Labour government. He was also involved in educational policy development for the non-graduate workforce.
Happiness research
Richard Layard always thought that the ultimate aim of public policy is to make people happier. In recent years he has been actively involved in the new science of happiness, and in 2005 published Happiness: Lessons from a New Science.
Mental illness is probably the single greatest threat to a happy life, and for this reason Richard Layard is currently leading a campaign to provide within the NHS evidence-based psychological therapy for people with clinical depression and chronic anxiety disorder. The Depression Report, published in July 2006, is the manifesto for this campaign.
Finally, Richard Layard is also active in other happiness promoting policies, such as the emotional aspects of children's education, and initiatives by local authorities to monitor and improve the happiness of the population in their area.
Further information:
He founded the Employment Institute in 1985 to press for action to prevent long-term unemployment and was its Chairman from 1987-92. After Labour came to power, he was from 1997-2001 a government consultant on policies towards unemployment (including the New Deal) and towards skills.
He was Chairman of the European Commission's Macroeconomic Policy Group in the 1980s and then co-Chairman of the World Economy Group set up by WIDER. From 1991-97 he was an economic adviser to the Russian government's economic staff.
He has been on the staff of LSE since 1964. Before that he taught in a comprehensive school and was the Senior Research Officer for the Robbins Committee on Higher Education.
Selected Publications:
Writings on happiness
“Measuring subjective well-being", Science, Vol 327, Pages 534-5, January 2010
"Why subjective well-being should be the measure of progress", given at the OECD World Forum on “Statistics, Knowledge and Policy - Charting Progress, Building Visions, Improving Life", Busan, Korea - 27-30 October 2009
The Greatest Happiness Principle: Its time has come”, Well-being: How to lead the good life and what government should do to help, (eds) S Griffiths and R Reeves, Social Market Foundation, July 2009
"The Return of Happiness: Why wellbeing should be at the heart of politics", Prospect, March 2005
Happiness and public policy: a challenge to the profession, Economic Journal, 116, C24-C33, March 2006
“Rethinking Public Economics: The Implications of Rivalry and Habit” in L. Bruni and P. L. Porta (eds) Economics and Happiness, Oxford University Press, 2005
“The marginal utility of income” (with S. Nickell and G. Mayraz), Journal of Public Economics, Special Issue: Happiness and Public Economics (eds) T. Besley and E. Saez, Vol 92, Nos 8-9, August 2008
“Does Relative Income Matter? Are the Critics Right?" (with G. Mayraz and S. Nickell) in E Diener, J Helliwell and D Kahneman (eds) International Differences in Well-Being, Oxford University Press, New York, forthcoming
Writings on mental health
"A new deal for depression and anxiety", July 2007
The Depression Report: A New Deal for Depression and Anxiety Disorders, The Centre for Economic Performance's Mental Health Policy group, June 2006
“The case for psychological treatment centres”, BMJ, 332: 1030-2, April 2006
“Improving Access to Psychological Therapy: Initial Evaluation of Two UK Demonstration Sites” (with D Clark, R Smithies, D Richards, R Suckling and B Wright), Behaviour Research and Therapy, Vol 47, Issue 8, Pages 637-728, August 2009
Writings on unemployment/skills
Note on unemployment policy and the crisis, IZA Policy Forum - “The Global Economic Crisis and the Labor Markets” 6th IZA Prize in Labor Economics, 22 October 2009
"A Job Guarantee", with Paul Gregg, March 2009
“Unemployment experience: some implications for France”, Travail et Emploi, DARES, No 118, April-June 2009
“Full Employment for Europe” in (eds) A Lopez-Claros, M Porter and K Schwab The Global Competitiveness Report 2005-2006: Policies Underpinning Rising Prosperity,World Economic Forum, 2005
“Apprenticeship and the skills gap” in “Learning to Succeed: the next decade”, the National Commission on Education Follow-up Group, Occasional Paper, University of Brighton, 2003
“Labour Market Institutions and Economic Performance” (with S. Nickell) in O. Ashenfelter and D Card (eds), Handbook of Labour Economics, Vol. 3C, North-Holland, 1999
“Welfare-to-Work and the Fight against Long-Term Unemployment” (with T. Boeri and S. Nickell), Research Brief No. 206, Department for Education and Skills, London, June 2000
Unemployment: Macroeconomic Performance and the Labour Market, (with S. Nickell and R. Jackman) Oxford University Press, 2nd ed., 2005
See also
Publications on LSE Research Online 
CEP Publications:
- Does Relative Income Matter? Are the Critics Right?
Richard Layard,
Guy Mayraz,
Stephen Nickell,
March 2009
Paper No' CEPDP0918:
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- Improving Access to Psychological Therapy: Initial Evaluation of the Two Demonstration Sites
David M. Clark,
Richard Layard,
Rachel Smithies,
November 2008
Paper No' CEPDP0897:
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- Cost-Benefit Analysis of Psychological Therapy
David Clark,
Martin Knapp,
Richard Layard,
Guy Mayraz,
October 2007
Paper No' CEPDP0829:
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This paper has been published as: National Institute Economic Review No.202 October 2007
- Happiness and the Teaching of Values
Richard Layard,
June 2007
Paper No' CEPCP227:
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This article is an edited version the 2007 Ashby Lecture, University of Cambridge: The Teaching of Values - Richard Layard, 2 May 2007
- The Marginal Utility of Income
Richard Layard,
Guy Mayraz,
Stephen Nickell,
March 2007
Paper No' CEPDP0784:
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- Tackling Depression and Anxiety Disorders
Richard Layard,
October 2006
Paper No' CEPCP212:
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This article summarises The Depression Report:
A New Deal for Depression and Anxiety
Disorders, published in June 2006 by CEP’s
Mental Health Policy group led by the Centre’s
founder director Professor Lord Richard
Layard.
- Mental Health: the Choice of Therapy for All
Richard Layard,
December 2005
Paper No' CEPCP193:
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This article is an edited version of the inaugural Sainsbury Centre for Mental Health Lecture delivered on 12 September 2005.The lecture draws heavily on two recent publications by Richard Layard: "Mental Health: Britain's Biggest Social Problem?" and "Happiness: Lessons from a New Science" (Allen Lane, 2005).
- Tackling Unemployment: Europe's Successes and Failures
Richard Jackman,
Richard Layard,
Stephen Nickell,
February 2005
Paper No' CEPCP175:
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Unemployment: Macroeconomic Performance and the Labour Market by Richard Layard, Stephen Nickell and Richard Jackman is published by Oxford University Press (second edition, 2005; first edition, 1991).
- Good Jobs and Bad Jobs
Richard Layard,
April 2004
Paper No' CEPOP19:
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- Full Employment Is Not Just a Dream
Richard Layard,
Stephen Nickell,
February 2003
Paper No' CEPCP139:
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See also Jaap de Koning, Richard Layard, Steve Nickell and Niels Westergaard-Nielsen, "Policies for Full Employment", Department for Works and Pensions Report, March 2004
- Cause for Celebration
Richard Layard,
February 2003
Paper No' CEPCP137:
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- Britain''s Record on Skills
Richard Layard,
Steven McIntosh,
Anna Vignoles,
May 2002
Paper No' CEEDP0023:
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- The Status Quo Is Not An Option
Richard Layard,
February 2002
Paper No' CEPCP126:
- Welfare to Work and the New Deal
Richard Layard,
January 2001
Paper No' CEPOP15:
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- Getting People Back to Work
Richard Layard,
October 1998
Paper No' CEPCP060:
- Labour Market Institutions and Economic Performance
Richard Layard,
Stephen Nickell,
September 1998
Paper No' CEPDP0407:
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- European versus US Unemployment: Different Responses to Increased Demand for skill?
Richard Jackman,
Richard Layard,
Marco Manacorda,
Barbara Petrongolo,
June 1997
Paper No' CEPDP0349:
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- Investment Prospects In Russia
Richard Layard,
George Lucas,
February 1997
Paper No' CEPSP04:
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- The Road Back to Full Employment
Richard Layard,
April 1996
Paper No' CEPOP10:
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- Combatting Unemployment: Is Flexibility Enough?
Richard Jackman,
Richard Layard,
Stephen Nickell,
March 1996
Paper No' CEPDP0293:
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- How to Cut Unemployment
Richard Layard,
February 1996
Paper No' CEPCP001:
- Lifelong Learning
Richard Layard,
Hilary Steedman,
December 1995
Paper No' CEPOP09:
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- The Current State and Future of Economic Reform
Richard Layard,
May 1995
Paper No' CEPOP08:
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- How Much Unemployment is Needed for Restructuring?: The Russian Experience
Richard Layard,
Ansgar Richter,
April 1995
Paper No' CEPDP0238:
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- Unemployment: The Way Forward for Europe
Richard Layard,
August 1994
Paper No' CEPOP07:
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- Who Gains and Who Loses from Russian Credit Expansion
Richard Layard,
Ansgar Richter,
July 1994
Paper No' CEPDP0200:
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- Can Russia Control Inflation?
Richard Layard,
September 1993
Paper No' CEPDP0170:
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- The Conditions of Life
A Illarionov,
Richard Layard,
P Orzag,
August 1993
Paper No' CEPDP0165:
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- Japanese Capitalism, Anglo-Saxon Capitalism; How Will the Darwinian Contest Turn Out?
Ron Dore,
Richard Layard,
October 1992
Paper No' CEPOP04:
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- Unemployment in the OECD Countries
Richard Layard,
Stephen Nickell,
June 1992
Paper No' CEPDP0081:
Paper copy now out of print.
- A Code of Conduct for Inter-State Trade
Richard Layard,
Andre Sapir,
April 1992
Paper No' CEPOP03:
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- How to Privatise
O Blanchard,
Richard Layard,
August 1991
Paper No' CEPDP0050:
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- Understanding Unemployment
Richard Layard,
May 1990
Paper No' CEPDP0004:
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- Economic Change in Poland
O Blanchard,
Richard Layard,
May 1990
Paper No' CEPDP0003:
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- Wage Bargaining and Incomes Policy: Possible lessons for Eastern Europe
Richard Layard,
Diane J. Reyniers,
May 1990
Paper No' CEPDP0002:
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- Mismatch: A Framework for Thought
Richard Jackman,
Richard Layard,
S Savouri,
May 1990
Paper No' CEPDP0001:
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