International Day of Happiness: Redefining Well-being in a New Economic Paradigm
On March 20, 2021, we celebrate the 9th annual International Day of Happiness, a day commemorated by the General Assembly of the United Nations to acknowledge the inextricable connection between well-being and human development around the globe. On this day, the international community – including world leaders, policymakers, and economists – are reminded that well-being must be measured through determinants far more complex than income and wealth accumulation. This idea is not modern in any sense. Quoting Aristotle from his book Nicomachean Ethics, “wealth is…
