Bernanke on Well-Being

Philip Lane on Irisheconomy links to a recent address by Ben Bernanke making the case that economic factors do a better job that we might expect in determining happiness. The recent work of Stephenson and Wolfers with the Gallup world data has bolstered the view that getting economic fundamentals correct is the best way of promoting happiness though Easterlin, in particular, has been fighting back against this idea (see previous post ).