Richard Layard

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Articles

Wellbeing policy: what lessons from the Nobel laureate Daniel Kahneman?

Nov 18, 2024 | economicsobservatory.com | Richard Layard

In 2002, Daniel Kahneman was awarded the Nobel Prize in Economic Sciences – the first psychologist to win it. He got the prize because of the work he had done with Amos Tversky on how people make decisions. In this work, they challenged the central assumptions of standard economics that people are rational, consistent and selfish. In a series of dazzling experiments, they showed how wrong these assumptions can be. For example, people are hugely affected by how the choices facing them are framed.
Policies must be justified by their wellbeing-to-cost ratio

Sep 3, 2024 | ft.com | Richard Layard

The writer is a professor at the London School of Economics and co-author of the report ‘Value for Money: How to increase wellbeing and...
Summer Reading - Book Sale!

Jul 10, 2024 | myemail-api.constantcontact.com | Julia Hobsbawm |Jonathan Neale |Richard Layard |Dara McAnulty

Resurgence bookshop summer sale The May/June 2024 issue of Resurgence & Ecologist explored Threshold Places — the unseen and often unnoticed places where change is afoot. As we move through summer, we want to share with you some of the books from the Resurgence bookshop that inspire change. We invite you to delve into a world of words that can lead the way to a better futurefor people and planet.
It’s not the economy, stupid: wellbeing is the real vote-winner | Richard Layard

Mar 10, 2024 | theguardian.com | Richard Layard

What kind of society do we want? The most obvious answer is simple: we want people to be happy. We want our children to be as happy as possible, so why not everyone else? The goal should be a world where people enjoy their lives, and feel satisfied and fulfilled. This noble idea was born in the 18th-century Enlightenment. It was probably the most important idea of the modern age. Yet somehow it is seldom talked of today in debates about our future.
Rationing access to apprenticeships is increasing the UK’s skills deficit

Oct 26, 2023 | ft.com | Richard Layard

During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital...
Labour forgets that not everyone goes to university

Jul 5, 2023 | newstatesman.com | Richard Layard

Labour is choosing its pledges. On education the biggest issue is what happens after school. There has been much talk about Labour’s policy on tuition fees and their plans for university graduates. But in this country graduates do fairly well – we have some of the highest-ranking universities in the world. We often forget about those who don’t go to university, however. By 18, 30 per cent of all our young people are in no form of education or training.
A wellbeing approach to policymaking

May 5, 2023 | thersa.org | Richard Layard

How can we measure wellbeing? What causes it, and how can it be improved? Richard Layard and Jan Emmanuel De Neve present a case for making wellbeing the central goal – for government, for business and for educators. Drawing from their field-defining publication on the science of wellbeing across the life course, they call for a shift in policymaking to maximise the wellbeing of individuals and to engage citizens to contribute to more resilient, rebalanced and regenerative futures.
World Happiness Report 2023

Mar 20, 2023 | worldhappiness.report | Richard Layard |Jeffrey Sachs |Jan-Emmanuel De Neve |Lara B. Aknin

The World Happiness Report is a partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board. The report is produced under the editorial control of the WHR Editorial Board. From 2024, the World Happiness Report is a publication of the Wellbeing Research Centre at the University of Oxford, UK.
Subscribe to read | Financial Times

Mar 6, 2023 | on.ft.com | Richard Layard

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Make wellbeing central to public policy

Mar 6, 2023 | ft.com | Richard Layard

The writer is an economist at the London School of Economics and co-author of ‘Wellbeing: Science and Policy’ Thomas Jefferson once said:...