The Rest Is Money 124. Can Labour Restore Public Trust in 2025?
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Dec 26, 2024 The hosts discuss a radical shift in focus from income to happiness as a metric for societal success. They explore the Labour Party's missteps in addressing public finances and how that might affect trust leading into the next election. The episode also debates the right age for kids to access smartphones, highlighting the mix of safety and social connectivity. Overall, it's a deep dive into the intersection of emotions, politics, and the digital age.
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Happiness as a Policy Focus
- Prioritizing happiness over economic growth can lead to positive outcomes.
- Focusing on well-being can increase productivity and reduce pressure on public services.
Cost-Benefit of Happiness
- Road schemes yield benefits three times their cost.
- Well-being lessons in schools offer benefits 27 times their cost.
Collective Missions vs. Competition
- Toxic competition and nationalism contribute to societal problems.
- Collective missions and community focus can foster happiness, citing Scandinavian countries.