Wellbeing economics: a policy framework for New Zealand

Abstract

The authors have prepared a book on Wellbeing Economics published by Bridget Williams Books in June/July 2014. It draws on Amartya Sen's argument that policy should aim to expand the capabilities of persons to lead the kinds of lives they value and have reason to value. The book therefore focuses on people engaged in purposeful activities to advance their own wellbeing. It considers how individual citizens, community groups, market activities and government policies can work together to expand people's capabilities to lead valued lives. This paper summarises the book's major points to offer a policy framework for New Zealand