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The 'Happiness transformation problem' in the Cambridge tradition

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  • Luigino Bruni

Abstract

The paper claims that in the leaders of the Cambridge tradition of economics the issue of the 'happiness transformation problem', i.e. how wealth becomes well-being, was a central point. In particular, the author shows that from Malthus to Pigou this economic tradition paid special attention to non-economic domains important for human happiness and that are affected by market choices. Marshall is seen as the bridge between the classical reflection on happiness in the eighteenth century and the recent debates on the 'paradoxes of happiness', an issue that is becoming more and more important, not only in moral philosophy, but also in economics.

Suggested Citation

  • Luigino Bruni, 2004. "The 'Happiness transformation problem' in the Cambridge tradition," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 11(3), pages 433-451.
    • Handle: RePEc:taf:eujhet:v:11:y:2004:i:3:p:433-451
    DOI: 10.1080/0967256042000246494
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    References listed on IDEAS

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    1. Oswald, Andrew J, 1997. "Happiness and Economic Performance," Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-1831, November.
    2. Bruno S. Frey, 2018. "Economics of Happiness," SpringerBriefs in Economics, Springer, number 978-3-319-75807-7, June.
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    Citations

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    Cited by:

    1. Drakopoulos, Stavros A. & Karayiannis, Anastassios, 2007. "The Paradox of Happiness: Evidence from the Late Pre-Classical and Classical Economic Thought," MPRA Paper 71657, University Library of Munich, Germany.
    2. Gabriel Leite Mota, 2022. "Unsatisfying ordinalism: The breach through which happiness (re)entered economics," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(3), pages 513-528, June.
    3. Stavros Drakopoulos, 2008. "The paradox of happiness: towards an alternative explanation," Journal of Happiness Studies, Springer, vol. 9(2), pages 303-315, June.
    4. Drakopoulos, Stavros A., 2010. "The history of the mainstream rejection of interdependent preferences," MPRA Paper 23980, University Library of Munich, Germany.
    5. Edward O’Boyle & Luca Sandonà, 2014. "Teaching Business Ethics Through Popular Feature Films: An Experiential Approach," Journal of Business Ethics, Springer, vol. 121(3), pages 329-340, May.
    6. Gabriel Leite Mota, 2007. "Why Should Happiness Have a Role in Welfare Economics? Happiness versus Orthodoxy and Capabilities," FEP Working Papers 253, Universidade do Porto, Faculdade de Economia do Porto.

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