economics

Introduction of a National Minimum Wage Reduced Depressive Symptoms in Low‐Wage Workers: A Quasi‐Natural Experiment in the UK

This study – by Aaron Reeves, Martin McKee, Johan Mackenbach, Margaret Whitehead, and David Stuckler – has been published in Health Economics. The summary says: “Does increasing incomes improve health? In 1999, the UK government implemented minimum wage legislation, increasing hourly…
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Wellbeing: A Complete Reference Guide

The six volumes comprising the full set of this reference guide have been published by Wiley, who say that it “brings together leading research from across the social sciences.” The series editor is Prof. Cary Cooper. The six volumes: Wellbeing in Children and Families :…
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Why governments should prioritise well-being

In 2018, Scotland, Iceland and New Zealand established the network of Wellbeing Economy Governments to challenge the acceptance of GDP as the ultimate measure of a country’s success. In this 10 minute TED Talk – see video below – the…
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Higher minimum wages are linked to lower suicide rates

“A study estimates that $1 more would save thousands of lives” The Economist magazine, citing a study published in the Journal of Epidemiology & Community Health , say that: “OF ALL THE tactics governments employ to raise living standards, few stir as much controversy as the minimum wage. Advocates claim that minimum…
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If we’re serious about changing the world, we need a better kind of economics to do it

Economic policies are clearly a big influence – for good or ill – on both societal wellbeing and individual emotional and psychological wellbeing. This article in The Guardian newspaper has been written by Esther Duflo and Abhijit Banerjee, joint winners of the…
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The Spirit Level: Why Equality is Better for Everyone

Written by Richard Wilkinson and Kate Pickett, this book (first published in 2009) highlights the “pernicious effects that inequality has on societies: eroding trust, increasing anxiety and illness, (and) encouraging excessive consumption”. It shows that for each of eleven different health…
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