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Happiness and Public Spending

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  • François Facchini

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article presents the traditional limitations of happiness economics and the uncertainty about the econometric relationship between public spending and happiness. It also argues that the happiness metric is a new form of social engineering, and that as such, happiness economics is biased toward a particular political utopia and scientific ideal. The political utopia is liberticidal, antidemocratic. It transforms democracy into "pollo-cracy"—i.e., the government (kratos) to the pollsters. The scientific ideal is positivist and favors government by numbers. This scientific norm underestimates the limits of statistical work. The social engineering of happiness is a new fatal presumption of policy makers. It is a new way to critique the free market economy and to substitute profit with a social criterion of quality of life and happiness.

Suggested Citation

  • François Facchini, 2022. "Happiness and Public Spending," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03911710, HAL.
  • Handle: RePEc:hal:cesptp:hal-03911710
    DOI: 10.35297/qjae.010132
    Note: View the original document on HAL open archive server: https://hal.science/hal-03911710
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    References listed on IDEAS

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