Monday, March 12, 2018

Bibek Bhandari — This is China's happiest city

Ranking quality in indexes, such as happiness and quality of life is difficult, since quality must be quantified to do so in formal modeling, and quality involves subjectivity in a subject-object relationship. Even though difficult, it is worth doing in order to arrive at more comprehensive understanding of economics, which is supposedly about satisfaction ("utility") in a Utilitarian paradigm.

Sixth Tone
This is China's happiest city
Bibek Bhandari

See also

US News & World Report
Best States Rankings — Measuring outcomes for citizens using more than 75 metrics
Data Powered by McKinsey&Company

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