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… and the Pursuit of Happiness - Institute of Economic Affairs

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A shallow form <strong>of</strong> happiness191<br />

<strong>Happiness</strong>, freedom or justice?196<br />

Poor but happy?198<br />

Conclusion198<br />

References200<br />

8 Lessons from Austrian <strong>and</strong> public choice<br />

economics for <strong>the</strong> happiness debate205<br />

Peter J. Boettke <strong>and</strong> Christopher J. Coyne<br />

Introduction205<br />

Conceptual issues208<br />

Practical issues212<br />

Negative unintended consequences215<br />

Concluding remarks219<br />

References220<br />

9 <strong>Happiness</strong> is not within <strong>the</strong> government’s<br />

remit: <strong>the</strong> philosophical flaw in happiness<br />

economics222<br />

Pedro Schwartz<br />

Layard’s utilitarianism223<br />

An overriding aim for public policy?225<br />

<strong>Happiness</strong> as a public good231<br />

The justice <strong>of</strong> <strong>the</strong> market237<br />

References244<br />

About <strong>the</strong> IEA246<br />

about <strong>the</strong> authors<br />

Christian Bjørnskov<br />

Christian Bjørnskov is associate pr<strong>of</strong>essor <strong>of</strong> economics at<br />

Aarhus University in Denmark. He studied economics at Aarhus<br />

<strong>and</strong> obtained a PhD at <strong>the</strong> Aarhus School <strong>of</strong> Business in 2005.<br />

His research interests include political economy, institutional<br />

economics <strong>and</strong> happiness studies. Christian is on <strong>the</strong> editorial<br />

board <strong>of</strong> Public Choice <strong>and</strong> <strong>the</strong> European Journal <strong>of</strong> Political<br />

Economy <strong>and</strong> is affiliated with <strong>the</strong> Centre for Political Studies<br />

in Copenhagen. His research has appeared in a wide range <strong>of</strong><br />

journals, such as <strong>the</strong> Journal <strong>of</strong> Development <strong>Economic</strong>s, <strong>the</strong> Journal<br />

<strong>of</strong> Law <strong>and</strong> <strong>Economic</strong>s, Public Choice <strong>and</strong> <strong>the</strong> Journal <strong>of</strong> <strong>Happiness</strong><br />

Studies. More details are available at http://pure.au.dk/portal/<br />

da/chbj@asb.dk.<br />

Peter Boettke<br />

Peter Boettke is a university pr<strong>of</strong>essor <strong>of</strong> economics at George<br />

Mason University (GMU) <strong>and</strong> <strong>the</strong> BB&T Pr<strong>of</strong>essor for <strong>the</strong> Study <strong>of</strong><br />

Capitalism at <strong>the</strong> Mercatus Center at GMU. He is also <strong>the</strong> editorin-chief<br />

<strong>of</strong> <strong>the</strong> Review <strong>of</strong> Austrian <strong>Economic</strong>s. Pete’s personal web<br />

page is http://econfaculty.gmu.edu/pboettke/.<br />

9

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