Well-Being as the Ultimate Goal of Markets: Definition & Measurement (B)

If the ‘telos’ or ultimate goal of free markets is well-being or human flourishing:

  • How can well-being / human flourishing be defined and operationalized?
  • How does this relate to the virtues in a market context?

Integrating Older and Newer Accounts

What ‘human flourishing’ is, has been a matter of millennia of reflection and experience. Throughout these ages, world religions have developed various – sometimes convergent, sometimes divergent – accounts of human flourishing.

This project will develop an account of human flourishing that is informed by these older insights. They will be triangulated with recent insights: what can older and newer interpretations of flourishing learn from each other?

Questions and Methodologies

The following questions are central to this research project:

B1. How do various religions and worldviews define human flourishing in relation to the market and what are their views on virtues, vices, human weakness and responsibility in this regard?

B2. How is human flourishing conceptualized and measured in the various disciplines and how do various elements of human flourishing relate to each other and GDP per capita in particular?

Methodologies used in this project are:

  • comparative religious concept-analysis (B1)
  • critical conceptual literature review (B2)
  • statistical (factor)analysis (B2)

Researchers

Aloys Wijngaards (PhD)

Aloys Wijngaards (PhD)

Bjorn Lous (MSc)

Bjorn Lous (MSc)

Harmen Verbruggen (prof. dr.)

Harmen Verbruggen (prof. dr.)

Johan Graafland (prof. dr.)

Johan Graafland (prof. dr.)

Jordan Ballor (PhD)

Jordan Ballor (PhD)

Kees van der Kooi (Prof. dr.)

Kees van der Kooi (Prof. dr.)

Paul van Geest (prof. dr.)

Paul van Geest (prof. dr.)

Thomas Wells (PhD)

Thomas Wells (PhD)

Resulting Publications

2017

Reformation Protestantism and the “Spirit” of Capitalism

Ballor, Jordan J

Reformation Protestantism and the “Spirit” of Capitalism Book Chapter

Melloni, Alberto (Ed.): Martin Luther; A Christian between Reforms and Modernity (1517-2017), pp. 965–982, De Gruyter, Berlin, 2017, ISBN: 9783110499025.

Abstract | Links | BibTeX

 Economic Freedom, Income Inequality and Life Satisfaction in OECD Countries

Graafland, Johan J; Lous, Bjorn

Economic Freedom, Income Inequality and Life Satisfaction in OECD Countries Journal Article

Journal of Happiness Studies, online first , pp. 1-23, 2017.

Abstract | Links | BibTeX

Other Projects in the Good Markets Research Project

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