Wellbeing Economics: How and Why Economics Needs to Change

Amidst rising global inequality, migration, climate change, health pandemics, and deepening poverty, it is time to redirect our economy towards more sustainable and socially just processes and outcomes.

In 'Wellbeing Economics' Nicky Pouw puts forward a new framework that places human wellbeing at the centre, instead of economic growth. She postulates ten reasons why economics should change to remain a relevant discipline and develops a Wellbeing Economic Matrix (WEM) to implement this approach. In doing so, it is one of the first economics books that 'rethinks the economy' from head to tail.

Nicky Pouw is associate professor in the Economics of Wellbeing at the Governance and Inclusive Development group at the University of Amsterdam. She is author of Introduction to Gender and Wellbeing in Microeconomics (2017) and co-editor of The Wellbeing of Women in Entrepreneurship. A Global Perspective (2019).