Make people happier – not just wealthier and healthier

Vox

“Basically, economists wanted to be more scientific,” explained Michael Plant, who leads the Happier Lives Institute. “They thought something only counts as science if it’s objectively measurable. Feelings aren’t objectively measurable, therefore they are not science.”

So economists turned away from squishy concepts like happiness and toward objective proxies for well-being, like GDP. In the postwar period, GDP became the go-to way for measuring well-being, even though the concept’s inventor, Simon Kuznets, warned that “the welfare of a nation can scarcely be inferred from a measurement of national income.”