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Wellbeing Economics: The Capabilities Approach to Prosperity

Dalziel, Paul; Saunders, Caroline; Saunders, Joe

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Authors

Paul Dalziel



Abstract

Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found. This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.

Citation

Dalziel, P., Saunders, C., & Saunders, J. (2018). Wellbeing Economics: The Capabilities Approach to Prosperity. Palgrave Macmillan. https://doi.org/10.1007/978-3-319-93194-4

Book Type Authored Book
Publication Date Jan 1, 2018
Deposit Date Sep 26, 2018
Publicly Available Date Dec 13, 2018
Publisher Palgrave Macmillan
Series Title Wellbeing in politics and policy
ISBN 9783319931937
DOI https://doi.org/10.1007/978-3-319-93194-4

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Publisher Licence URL
http://creativecommons.org/licenses/by/4.0/

Copyright Statement
© The Editor(s) (if applicable) and The Author(s) 2018 This book is an open access publication Open Access This book is licensed under the terms of the Creative Commons Attribution 4.0 International License
(http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
The images or other third party material in this book are included in the book’s Creative Commons license, unless
indicated otherwise in a credit line to the material. If material is not included in the book’s Creative Commons license
and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain
permission directly from the copyright holder.
The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not
imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations
and therefore free for general use.
The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed
to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty,
express or implied, with respect to the material contained herein or for any errors or omissions that may have been made.
The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.




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