What Progress Leads To: How to Bring Joy into Economics
Author(s)
Scitovsky, Tibor
Abstract
Economic theory conventionally views work as an unpleasant activity engaged in only to earn the money required for consumption. However, a significant and perhaps growing number of jobs also provide other satisfactions in addition to income. This selection explores the economic sources and consequences of enjoyable stimulation as a step toward what the author calls “a more general economic theory of human satisfaction.”