Social Psychology Commons^™

National Accounts Of Well-Being, Ed Diener, William Tov

Research Collection School of Social Sciences

National accounts of subjective well-being should be used to assess the various facets of citizen’s well-being such as life satisfaction, trust in others, positive emotions, meaning and purpose in life, and engagement and interest. Although economic indicators have reigned within policy debates, the purpose of the economic indicators is ultimately to enhance “happiness”—subjective well-being. National measures of well-being that are collected systematically at periodic intervals will not only help focus attention on wellbeing as a major goal of societies, but can give information to leaders about policy alternatives, and thus inform policy debates in a way that complements economic analyses. …