Robert Frank on Happiness


Here is an article by Robert H. Frank on creating more happiness in a world without consumer excess.

Frank pioneered heterodox economic thought on “cost cascades”–how inequality leads to competitive social behavior that inflates the price of conspicuous necessary goods, such as houses and education, to the marked detriment of less-conspicuous necessary goods and services.

(This Frank article was published in the liberal American Prospect, which is hit or miss–not something I’d rely on for analysis, but occasionally offering up something thought-worthy. Kind of like liberalism.)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s