Wherever there is a fixed budget constraint, money should be allocated to policies which give the greatest increase in wellbeing per pound of expenditure, argues Richard Layard. Even policy-makers unmoved by wellbeing as an objective should promote it because of its large positive effects on productivity, academic learning and life expectancy.

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24 January 2022

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LSE Covid-19

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https://blogs.lse.ac.uk/covid19/2022/01/24/why-wellbeing-should-be-the-goal-of-policy/

This Blog is published under the centre's Community Wellbeing programme.