Abstract
The purpose of the economy should be to provide for the sustainable well-being of people. That goal encompasses material well-being, certainly, but also anything else that affects well-being and its sustainability. This seems obvious and non- controversial. The problem comes in determining what things actually affect well- being and in what ways. There is substantial new research on this “science of happiness” that shows the limits of earning and spending money in supporting well-being. Kasser points out, for instance, that people who focus on material consumption as a path to happiness are actually less happy and even suffer higher rates of both physical and mental illnesses than those who do not. Material consumption beyond real need is a form of psychological “junk food” that only satisfies for the moment and ultimately leads to depression, Kasser says.
| Original language | English |
|---|---|
| Title of host publication | Ecological Restoration: A global challenge |
| Editors | Francisco A. Comin |
| Place of Publication | Cambridge and New York |
| Publisher | Cambridge University Press |
| Pages | 78-90 |
| Volume | 1 |
| Edition | 1st |
| ISBN (Print) | 9780521877114 |
| Publication status | Published - 2010 |