"Happiness" and Economics [chapter]

2007 Proceedings of the Twenty-First World Congress of Philosophy  
Academic economists today are caught in a "Publication Impossibility Theorem System" or PITS. In order to further their careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots open for them in such journals. Such academic competition maybe useful to generate hard work; however, there may be serious negative consequences: the wrong output may be produced in an inefficient way, the wrong people may be selected, and losers may
more » ... act in a harmful way. This article suggests several ways to remedy this situation.
doi:10.5840/wcp2120075225 fatcat:lqvvweaforardkudkh3e67sgwa