oikonomia

management of the household (community, society, humanity & biosphere) so as to increase its value to all members over the long run
oikos: household; and nomos: rules

Economics, social science concerned with the production, distribution, exchange, and consumption
of goods and services. Economists focus on the way in which individuals, groups, business enterprises,
and governments seek to achieve efficiently any economic objective they select. Other fields of study
also contribute to this knowledge: Psychology and ethics try to explain how objectives are formed;
history records changes in human objectives; sociology interprets human behavior in social contexts.
-Encarta

T12
Eeyore ponders a new career.
"Actually," Eeyore continued, "I'm thinking about a new career myself - personal growth and whatnot, and et ceteras, you know. I'm considering becoming an economist. Actually I didn't think of that myself. Owl suggested that I might be suited for it. He said someone called Thomas Carlyle said economics was the Dismal Science. That sounds most interesting."
-Winnie-the-Pooh On Success by Roger E. Allen & Stephen D. Allen

Monday, June 19

Happiness & Economics

Happiness and Economics: How the Economy and Institutions Affect Human Well-Being.
...Far more important than wealth to well-being, [the authors] say, is democracy.
Maybe that explains the result of the post-GE survey on what Singaporeans value most
hot

Happiness is the new Economics
Dr Richard Suzman, associate director of the National Institute on Ageing, part of the US National Institutes of Health: "A national wellbeing account, similar to the gross domestic product, would give us a better understanding of how changes in policy and social trends affect quality of life."

Jean

posted by t12cjc | 10:38 pm

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