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Welfare and well-being
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Welfare and well-being: Social value in public policy

Bill Jordan

Abstract

Research on well-being reveals the significance of personal relationships, trust and participation to sustain quality of life, yet it is the economic model that remains the dominant basis for political and social institutions and policy. This book presents a new analysis of well-being in terms of social value, and outlines how it could be incorporated into public policy decisions. It argues that the grandiose attempt to maximise welfare and regulate social relations through contract, in line with the economic theory of information and incentives, is counterproductive for well-being. Instead, b ... More

Keywords: economic model, political institutions, social institutions, public policy, personal relationships, trust, participation

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9781847420800
Published to Policy Press Scholarship Online: March 2012 DOI:10.1332/policypress/9781847420800.001.0001

Authors

Affiliations are at time of print publication.

Bill Jordan, author