seriously and run public policy based on it? 18:38
DK: You know I think that there is recognition of the role of happiness research in public policy. The recognition is going to be slow in the United States, no question about that, but in the U.K., it is happening, and in other countries it is happening. People are recognizing that they ought to be thinking of happiness when they think of public policy. It's going to take a while, and people are going to debate whether they want to study experience happiness, or whether they want to study life evaluation, so we need to have that debate fairly soon. How to enhance happiness goes very different ways depending on how you think, and whether you think of the remembering self or you think of the experiencing self. This is going to influence policy, I think, in years to come. In the United States, efforts are being made to measure the experience happiness of the population. This is going to be, I think, within the next decade or two, part of national statistics. 19:33
CA: Well, it seems to me that this issue will -- or at least should be -- the most interesting policy discussion to track over the next few years. Thank you so much for inventing behavioral economics.Thank you, Danny Kahneman.
Level8.unit2-part2 experience vs memory
