Scoop Review of Books

Release: Economics for People

Bridget Williams Books is continuing its series of BWB Texts – described as “short books on big subjects by great New Zealand wellbeingeconomicswebwriters” – with Wellbeing Economics: Future Directions for New Zealand, by Paul Dalziel and Caroline Saunders ($14.99 print book; $4.99 as an e-book).

According to publicity material from BWB: “Dalziel and Saunders say the purpose of economic activity should be to promote the wellbeing of people. Therefore, instead of measuring economic growth for its own sake, we should be assessing how well the economy enables all New Zealanders to lead ‘the kinds of lives they value and have reason to value’.

Wellbeing economics aims to address issues like unemployment and poverty directly, rather than assuming these problems will be solved automatically with higher economic growth.”