The Stiglitz commission report
(2009) recommends that: “...the time is
ripe for our measurement system to shift emphasis from measuring economic
production to measuring people’s well-being.” Traditionally, GDP has been considered
as measure of nation’s prosperity and seen as seen as the measure of progress. The importance of material wealth as one of
the key building blocks of happiness is evident from research, but it has been
suggested that GDP growth does not correlate with happiness after a certain
point of wealth has been reached. This phenomenon is known as the Easterlin
Paradox.
Happiness will always remain
subjective in nature as a person’s experience of happiness can only be measured
by an individual’s own subjective judgments of their feelings. The ‘Measuring
Subjective Well-being ‘guidance by ONS (2011) outlines three main categories of
subjective wellbeing measures for policy purposes:
1. Evaluation, 2. Experience and 3. ‘Eudaemonic’ measures. These categories are
based on the work of several other academics. Evaluation measures are the ones where people
are asked to provide overall assessments of their life satisfaction based on
life domains such as job satisfaction and health. Experience measures directly
assess a person’s mental state by asking about their feelings. Eudaemonic
measures are based on the theory that humans have underlying psychological
needs that need to be met in order to enable individuals to reach states of
well-being and feelings of happiness. It appears that internal and external
factors contribute towards happiness and therefore a combination of both
objective and subjective measures should be used as the measurement method.
There are a number of issues and
gaps in current knowledge of measuring -especially children and young peoples- well-being
and these raise many methodological and ethical issues. However, there are ways
that can be employed to assess and measure children and young peoples well-being
effectively.
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