Portal:Philosophy/Selected article/19
The well-being or quality of life of a population is an important concern in economics and political science. There are many components to well-being. A large part is standard of living, the amount of money and access to goods and services that a person has; these numbers are fairly easily measured. Others factors, like freedom, happiness, art, environmental health, and innovation, are far harder to measure. This has created an inevitable imbalance as programs and policies are created to fit the easily available economic numbers, while ignoring the other measures that are very difficult to plan for or assess.
Debate on quality of life is millennia-old, with Aristotle giving it much thought in his Nicomachean Ethics and eventually settling on the notion of eudaimonia, a Greek term often translated as happiness, as central.