Why the Dismal Science Cares About Happiness

Economics is often thought of as emotion-less, but University of Southern California economist Daniel Benjamin argues for happiness as a vital indicator. Benjamin discusses how economists measure and understand behavior.

[jinoh]

Definitely, happiness and personal fulfillment is far beyond of income and consumption and genetic traits play an important role on individual behavior and motivations. #tellmeGen #genoeconomics #dismalscience #economics #afinz

[gigsrouiy]

Misery is measured by taking the unemployment rate and rate of inflation and charting it up to give us the misery index. This is really related to to the degree by which the Monopoly over the economy and thus the money supply contributes to the level of misery around the planet.

[AramDovlatyan]

Great interview about the topics of behavioral economics and it’s applications. Love the touch on geno-economics used as a potential control variable. Exciting research! I’d love to be a part of it

[UnhingedBecauseLucid]

Considering the time of history we're in ...this field of study is just a stupid fuckin' waste of resources.
If this is all INET can contribute, it needs to be slapped behind the head until it lands back in reality....

[popps]

Geno-Economics is something to regulate. Do we want to technodictatorship? Do we want to limited to be genetics? Genetics are most valuable as a biology & medical subject. Economically, it poses a risk of genetic discrimination and hierarchy. Also, in time or opportunity, what good is geno-Economic when generics can be modified or other transhuman technology are more viable? My challenge to the Researcher and his team is to study bias inclusively... be aware of the bias they have. Because, one problem that will always arise is a question: Are the results there because we want them to be? Behavior is socially & psychologically driven not genetically. Bias is self-delusion. Also, how relevant is geno-Economics? It’s interesting but not very relevant. Just because you can put shoes and walk on your hands doesn’t mean shoes are meant for hands.

[goldfish]

In a profit driven society we cannot trust you with our bio data. Hell no. Who is funding this channel, btw?