Author Archives: tomas211

The Economics of Happiness is a relatively new discipline which is trying to find an answer to the question: “What makes people happy?” Happiness is understood as “subjective well-being” which is defined simply as a feeling of satisfaction with individual’s … Continue reading →

Where do you think is the place of economists on this scale? http://xkcd.com/435/

We often hear jokes like these: Why did God create economists? In order to make weather forecasters look good. Economists were able to forecast 9 out of last 5 recessions. Economist is someone who will be able to explain tommorow … Continue reading →