Modern Guide to the Economics of Happiness

Edited by Luigino Bruni, Professor of Political Economy, Department of Law, Economics, Politics and Modern languages, LUMSA University, Alessandra Smerilli, Professor of Economics, PFSE-Axilium University and Dalila De Rosa, Research Officer, Department of Finance, Ministry of Economics and Finance, Italy

• Contents:1 Happiness and wellbeing: past foundations, modernevidence and future paths 1Luigino Bruni, Dalila De Rosa and Alessandra Smerilli2 What future happiness research? 17Bruno FreyPART I HISTORICAL AND PHILOSOPHICAL PERSPECTIVESON THE ECONOMICS OF HAPPINESS3 Aristotle, eudaimonia, neuroscience and economics 29Jeffrey Sachs4 The economics of eudaimonia 46Maurizio Pugno5 Felicitas publica : the southern spirit of capitalism 67Luigino Bruni6 ‘Naturaliter homo homini amicus est’: economy, happiness andrelationships in Aquinas’ thought 95Paolo SantoriPART II METHODS AND POLICY IMPLICATIONS FORTHE ECONOMICS OF HAPPINESS7 Complexity and wellbeing: measurement and analysis 113Filomena Maggino and Leonardo Salvatore Alaimo8 Growth and happiness in China, 1990–2015 129Richard A. Easterlin, Fei Wang and Shun Wang9 Economic growth and well-being beyond the Easterlin paradox 162Francesco Sarracino and Kelsey J. O’ConnorPART III EMPIRICAL APPLICATIONS IN THEECONOMICS OF HAPPINESS10 The effect of physical activity on subjective well-being: thecase for exercise 190Mario Lucchini, Egidio Riva and Luca Crivelli11 Standing together: is family a resilience factor for subjectivewellbeing? 215Dalila De Rosa and Matteo Rizzolli12 Cooperatives and happiness: cross-country evidence on therole of relational capital 243Luigino Bruni, Dalila De Rosa and Giovanni Ferri13 The relationship between migrant acceptance and wellbeing:evidencefrom the Gallup Migrant Acceptance Index 279Neli Esipova, Julie Ray and Anita PuglieseIndex 305