Economics, psychology, and happiness

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Author(s)

Abstract

This paper aims to discuss the relationships between economics, psychology, and happiness. Economics was originally a moral philosophy which focused on some psychological processes of economic events. However, nineteenth century economists tried to change the nature of economics from that of being a moral philosophy to that of a more specialized scientific area. Some of the twentieth century psychologists have tried to reinstate economics as a moral science with the help of psychological considerations. One of the important results is the HDI (Human Development Index). Though Japanese people's HDI is relatively high, they do not always feel happy. The 2010 HDI includes a decent standard of living (GNI per capita), long life expectancy, and relatively high mean years of schooling. However, long life expectancy causes the longevity risk. The seniority rule in the workplace changes the meaning of high GNP per capita. Young people find it difficult to get permanent jobs. Years of schooling depends on considerable amounts of tuition and college fees. The key to opening this deadlock is therefore to raise the quality of education which in turn will increase a person's possibility of getting a permanent job, raise the GNI per capita of Japan, and make Japanese people happier.

Journal

  • 京都大学大学院教育学研究科紀要

    京都大学大学院教育学研究科紀要 (58), 71-82, 2012

    Graduate School of Education, Kyoto University

Codes

  • NII Article ID (NAID)
    40019375068
  • NII NACSIS-CAT ID (NCID)
    AA11332212
  • Text Lang
    ENG
  • Article Type
    departmental bulletin paper
  • Journal Type
    大学紀要
  • ISSN
    1345-2142
  • NDL Article ID
    023871338
  • NDL Call No.
    Z7-202
  • Data Source
    NDL  IR 
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