How Long to Read Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations?

How Long Does it Take to Read Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations??

It takes the average reader and 30 minutes to read Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations? by Annette Becker

Assuming a reading speed of 250 words per minute. Learn more

Description

Seminar paper from the year 2014 in the subject Business economics - Miscellaneous, grade: 2,0, University of Bayreuth (Institut fur Philosophie), course: Integration of philosophy and economics, language: English, abstract: "Every day, in every industrialized country of the world, journalists and politicians give out a conscious and unconscious message. It is that better economic performance means more happiness for a nation. This idea is rarely questioned. We feel we would be more cheery if our boss raised our pay, and assume that countries must be roughly the same. The results in this paper suggest that, in a developed nation, economic progress buys only a small amount of extra happiness." (Oswald 1997, p. 1827) Based on Oswald's introductory statement, this paper is going further than refuting the assumption that a certain kind of utility is solely contingent on absolute earnings. With the interpretation of utility as happiness, it would mean for the aggregate economy as well as for the individual that income secures happiness with a rising tendency. Having started with Oswald, another economist with well-known findings has to be made mention of: Richard Easterlin, who constructed the hypothesis that from a certain threshold of developmental achievements on, economic growth is of minor significance to the overall life satisfaction of a nation. The so-called Easterlin paradox originally arose as data on richer citizens within a country displayed a higher level of subjective well-being and led to the assumption that "economic growth improve[s] the human lot" (Easterlin 1974). Nevertheless, a comparison amongst well-developed states and over time revealed that there's little difference of each population with regard to happiness. Thus, it appears that not the absolute but relative wealth is of import to life satisfaction in crossindividual and cross-stratum comparisons. Even though it never gained as much attention as its foreshadowing counterpart by Easterlin, t

How long is Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations??

Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations? by Annette Becker is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations? aloud.

What Reading Level is Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations??

Does the Easterlin Paradox Legitimize the Implementation of Degrowth Policies in Developed Nations? is suitable for students ages 8 and up.

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