Jan 18, 2011
You might not think you’d need a Ph.D. to figure out that people with more money are happier than people with less. Yet that relationship is surprisingly controversial and—not so surprisingly—highly relevant for development policy. This week’s Wonkcast features a young academic whose new work on subjective wellbeing, income and economic development is upending the conventional academic wisdom on happiness. Justin Wolfers, a visiting fellow at Brookings and associate professor at the Wharton School, spoke last week at a Massachusetts Avenue Development Seminar (or MADS), a series of events that CGD hosts in cooperation with The Paul H. Nitze School of Advanced International Studies. (You can sign up for invitations to future MADS here www.cgdev.org/subscribe under ‘other subscriptions’).
Read a full show summary on the Wonkcast site: www.cgdev.org/wonkcast