In The Pursuit of Happiness , renowned economist Carol Graham explores what we know about the determinants of and clearly presents both the promise and the potential pitfalls of injecting the economics of happiness into public policymaking. While the book spotlights the innovative contributions of research to the dismal science, it also raises a cautionary note about the issues that still need to be addressed before policymakers can make best use of them.
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A 2012 study studied this question.