Journal of Economic Literature
Book Reviews
2026-09-01
Ed Hopkins of University of Edinburgh reviews “Happiness: A Revolution in Economics” by Bruno S. Frey,. The EconLit Abstract of the reviewed work begins “Explores the major developments of happiness research in economics and considers the new insights we have gained into how income, unemployment, inflation, and income demonstration affect well-being. Discusses research on happiness; the relationship of happiness to utility; how income affects happiness; how unemployment affects happiness; how inflation and inequality affect happiness; the public sphere; self-employment and voluntary work; marriage and happiness; watching television; procedural utility; mispredicting utility; the value of public goods; happiness policies; happiness and political institutions; and a revolution in economics. Frey is Professor of Economics at the University of Zurich and Research Director of the Center for Research in Economics, Management, and the Arts. Index.”