Petronella Wyatt

The price of happiness

Petronella Wyatt talks to Richard Layard, who believes that higher taxation can reduce envy and make us all happier

issue 12 March 2005

Richard Layard, the founder of the LSE Centre for Economic Performance, is a brave man. The Labour peer and adviser to the government has written a book on happiness. Or to be more precise, Happiness: Lessons from a New Science. This is big stuff. I mean, happiness is the whole point of life, right? Philosophers since Aristotle have been trying to puzzle it out.

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