Description: An Economy of Well-Being by Mark Anielski An Economy of Well-being examines the stories and examples of what individuals, families, businesses, non-profit enterprises, communities, and financial institutions can and are doing to implement an economic lifestyle that is based on achieving a flourishing life of well-being and enduring happiness. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description In the face of political, financial, and environmental upheaval, its difficult to slow down and build lives of mindfulness and joy. These things are within reach, but how can we go about creating a new world, using common-sense economics?In An Economy of Well-being, author Mark Anielski presents a practical guide for building a new economy of well-being to help communities and nations become more flourishing and happier places to live. In this follow-up to his best-selling The Economics of Happiness, Anielski addresses key questions including:How can our personal and family assets be strengthened for a more fulfilling life of meaning and purpose?How can neighborhoods and cities become flourishing economies of well-being by making the best of abundant community assets?how can organizations, communities, and financial institutions measure, manage and finance assets to achieve high levels of well-being?An Economy of Well-being responds to a common yearning for common-sense tools to orient our lives, our businesses, and our communities towards well-being. This is ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning.Mark Anielski is President and Chief Well-being Officer at Anielski Management Inc., and consults and speaks internationally on merging and measuring happiness, well-being, and economics. He has served as an economic advisor to Bhutan and China in their efforts to adopt new measures of well-being. He is the author of The Economics of Happiness, and lives in Alberta with his family. Notes A practical guide for building a new economy of well-being for increased community and national happiness, addressing how personal and family assets can be strengthened for a more prevalent atmosphere of meaning and purpose, with ideas from economics applied to the search for a better life. Back Cover Help build a world based on flourishing well-being for both the human family and nature This is a conversation thats worth joining. -- Peter Haslett, Former Chairman Ipsos Connect, UK, Former President, Ipsos Connect Canada One powerful answer to the struggling financial world around us . -- Peter Block, author, Flawless Consulting and co-author, The Abundant Community Anielskis work is an invitation to realign our economics with our humanity and offers new tools and outcome measurements steeped in the nature of reality. -- Carol Anne Hilton, MBA, CEO and Founder of Indigenomics Institute IN THE FACE OF political, financial, and environmental upheaval, its difficult to slow down and build lives of mindfulness and joy. These things are within reach, but how can we go about creating a new world, using common-sense economics? In An Economy of Well-being , author Mark Anielski presents a practical guide for building a new economy of well-being to help communities and nations become more flourishing and happier places to live. In this follow-up to his best-selling The Economics of Happiness , Anielski addresses key questions including: How can our personal and family assets be strengthened for a more fulfilling life of meaning and purpose? How can neighborhoods and cities become flourishing economies of well-being by making the best of abundant community assets? How can organizations, communities, and financial institutions measure, manage, and finance assets to achieve high levels of well-being? An Economy of Well-being responds to a common yearning for common-sense tools to orient our lives, our businesses, and our communities towards well-being. This is ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning. A brilliant guide to creating a new economic paradigm based upon well-being for all living beings on planet Earth. -- Ivo Valkenburg, author, A Pure Life and Spirit in Finance An important roadmap to our common future as we focus beyond GDP . -- Hazel Henderson, author, Mapping the Global Transition to the Solar Age Mark Anielski is President and Chief Well-being Officer at Anielski Management Inc. He has served as an economic advisor to China and Bhutan in their efforts to adopt new measures of well-being and happiness. He is also the author of the award-winning The Economics of Happiness. He lives in Alberta, Canada, with his family. Flap Help build a world based on flourishing well-being for both the human family and nature This is a conversation thats worth joining. -- Peter Haslett, Former Chairman Ipsos Connect, UK, Former President, Ipsos Connect Canada One powerful answer to the struggling financial world around us . -- Peter Block, author, Flawless Consulting and co-author, The Abundant Community Anielskis work is an invitation to realign our economics with our humanity and offers new tools and outcome measurements steeped in the nature of reality. -- Carol Anne Hilton, MBA, CEO and Founder of Indigenomics Institute IN THE FACE OF political, financial, and environmental upheaval, its difficult to slow down and build lives of mindfulness and joy. These things are within reach, but how can we go about creating a new world, using common-sense economics? In An Economy of Well-being , author Mark Anielski presents a practical guide for building a new economy of well-being to help communities and nations become more flourishing and happier places to live. In this follow-up to his best-selling The Economics of Happiness , Anielski addresses key questions including: How can our personal and family assets be strengthened for a more fulfilling life of meaning and purpose? How can neighborhoods and cities become flourishing economies of well-being by making the best of abundant community assets? How can organizations, communities, and financial institutions measure, manage, and finance assets to achieve high levels of well-being? An Economy of Well-being responds to a common yearning for common-sense tools to orient our lives, our businesses, and our communities towards well-being. This is ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning. A brilliant guide to creating a new economic paradigm based upon well-being for all living beings on planet Earth. -- Ivo Valkenburg, author, A Pure Life and Spirit in Finance An important roadmap to our common future as we focus beyond GDP . -- Hazel Henderson, author, Mapping the Global Transition to the Solar Age Mark Anielski is President and Chief Well-being Officer at Anielski Management Inc. He has served as an economic advisor to China and Bhutan in their efforts to adopt new measures of well-being and happiness. He is also the author of the award-winning The Economics of Happiness. He lives in Alberta, Canada, with his family. Author Biography Mark Anielski. He lives in Alberta, Canada with his family. Table of Contents List of Figures Foreword Introduction: A New Economic Paradigm Based on Well-Being 1. Reclaiming Economics for Happiness Reclaiming the Language of Economics Happiness: Well-Being of Spirit A New Index of Well-Being Measuring Well-Being Objectively Albertas Economic Growth, Disease and Income Inequality Exposing the Myth of Productivity Measuring Happiness is All the Rage People Prefer Happiness Over Wealth Who Are the Happiest Canadians of All? Happiness as the Ultimate Objective of Economic Development From Financial Capitalism to Well-Being Drowning in Debt The Inconvenient Truth: How the Hidden Costs of Debt are Killing American Happiness The Path Ahead 2. A Roadmap to Well-Being Can Well-Being Be Measured? The Science of Well-Being: What We Measure Affects What We Do Maslows Hierarchy of Needs and an Indigenous Model of Well-Being The Util: Measuring Real Utility Without Virtue, Happiness Cannot Be The Five Capital Assets of Well-Being Well-Being Accounts The Five-Assets Sustainable Livelihood Model for Measuring Assets The Well-Being Economy and UN Sustainable Development Goals Well-Being-Based Governments 3. Bhutan, Edmonton and Alberta: Models of Well-Being Economics Back to Edmonton: The City that Could The Promise of Alberta Albertas Preliminary Asset Accounts 4. The Well-Being Community The Edmonton Social Health Index Measuring the Well-Being of Valleyview, Alberta Edmontons Well-Being Index and Measuring the Well-Being Return on Taxes Community Asset and Well-Being-Impact-Based Governance Well-Being-Based Governance and Budgeting Designing a New Economy of Well-Being for Tahiti (French Polynesia) 5. Well-Being for First Nations Measuring What Matters to Community Well-Being Why a Community Asset Assessment? Natural Capital Assessment The Well-Being Community Planning Process Benefits of a Well-Being-Based Approach to Community Development 6. The Well-Being Workplace Well-Being at Work Businesses That Operate on Well-Being Principles The Well-Being Corporation Doing Well By Doing Good: The Flourishing Well-Being Enterprise Well-Being: The Best Interest of Business A Corporate Culture of Well-Being Well-Being By Design 7. Accounting for Enterprise Well-Being The Origins of Auditing Toward Quality-of-Life Auditing and Accounting Well-Being Inventory Five Assets of Enterprise Well-Being Measuring Workplace Well-Being Enterprise Well-Being Index True Pricing: Full-Cost Accounting Making the Business Case of Well-Being Asset Valuation and Verification with Well-Being in Mind 8. Well-Being Impact Investing Virtuous Financial Leadership Lintel Capital LLC: Investment for Good Well-Being Impact Investment Funds And the Times, They are a-Changin 9. The Community Asset Well-Being Fund Eliminating Poverty in Cincinnati within a Generation 10. Banking on Well-Being All Roads Lead to London: The Queens Bankers Wife Freeing Economies of the Burden of Interest from Debt-Based Money A Public Bank for Well-Being What is a Public Bank and Could It be Structured to support the Economy of Well-being? The Bank of North Dakota and ATB (Alberta Treasury Branch): The Most Important Public Banks in North America Alberta Treasury Branch: North Americas Best Kept Secret Why Could ATB Financial Become the Model for Public Well-Being Banks Across North America? The Future of Money: Well-Being Currency 11. Personal Well-Being Well-Being is a Choice Money, Your Life and Happiness Epilogue Index About the Author About New Society Publishers Promotional Help build a world based on flourishing well-being for both the human family and nature Long Description Help build a world based on flourishing well-being for both the human family and nature In the face of political, financial, and environmental upheaval, its difficult to slow down and build lives of mindfulness and joy. These things are within reach, but how can we go about creating a new world, using common-sense economics? In An Economy of Well-being , author Mark Anielski presents a practical guide for building a new economy of well-being to help communities and nations become more flourishing and happier places to live. In this follow-up to his best-selling The Economics of Happiness , Anielski addresses key questions including: How can our personal and family assets be strengthened for a more fulfilling life of meaning and purpose? How can neighborhoods and cities become flourishing economies of well-being by making the best of abundant community assets? how can organizations, communities and financial institutions measure, manage and finance assets to achieve high levels of well-being? An Economy of Well-being responds to a common yearning for common-sense tools to orient our lives, our businesses, and our communities towards well-being. This is ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning. Promotional "Headline" Help build a world based on flourishing well-being for both the human family and nature Description for Reader In the face of political, financial, and environmental upheaval, its difficult to slow down and build lives of mindfulness and joy. These things are within reach, but how can we go about creating a new world, using common-sense economics? In An Economy of Well-being, author Mark Anielski presents a practical guide for building a new economy of well-being to help communities and nations become more flourishing and happier places to live. In this follow-up to his best-selling The Economics of Happiness, Anielski addresses key questions including: How can our personal and family assets be strengthened for a more fulfilling life of meaning and purpose? How can neighborhoods and cities become flourishing economies of well-being by making the best of abundant community assets? how can organizations, communities and financial institutions measure, manage and finance assets to achieve high levels of well-being? An Economy of Well-being responds to a common yearning for common-sense tools to orient our lives, our businesses, and our communities towards well-being. This is ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning. Competing Titles Change the Story, Change the Future by David Korten, ISBN: N/A, Publisher: Berrett-Koehler, Date: 2015-02-01, $19.95, Sales: 2,500 Think Like a Commoner by David Bollier, ISBN: 9780865717688, Publisher: New Society Publishers, Date: 2014-04-01, $19.99, Sales: 4,500 Building the New American Economy by Jeffrey Sachs, ISBN: 9780231184045, Publisher: Columbia University Press, Date: 2017-02-01, $17.98, Sales: 4,000 Buddhist Economics: An Enlightened Approach to the Dismal Science by Clair Brown, ISBN: 9781632863669, Publisher: Bloomsbury Press, Date: 2017-02-01, $25.00, Sales: 1,500 Feature Award winning author of the Economics of Happiness: Building Genuine Wealth The author has travelled and lectured extensively giving lectures on the economics of happiness in Canada, US, Europe, China, Australia, French Polynesia Anielski is an economic strategist specializing in the economics of well-being. Anielski recently co-founded the Centre for Integrated Finance and Economics which focuses on developing new impact investment analytic tools with an asset and well-being lens. The Economy of Well-being examines the stories of what individuals, families, businesses, nonprofit enterprises, communities, and financial institutions can and are doing to implement an economic lifestyle that is based on achieving a flourishing life of well-being and enduring happiness A compelling and practical model and guide for a new form of capitalism that seeks to achieve the highest and best use of human, social natural, built, and financial assets. Ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning. Anielski has been approached by Netflix to produce a series following the author to places in the world where he has been helping sow the seeds for a new economy of well-being. Anielski is President and Chief Well-being Officer of Anielski Management Inc., and consults and speaks internationally on merging and measuring happiness, well-being, and economics. Intended audience: young business leaders, entrepreneurs, and students interested in adopting a different business ethic and paradigm to managing their lives International Market Authors previous book sold well in China, Netherlands, UK, Australia and New Zealand Countries which are actively working on a national happiness index include:Bhutan, Tahiti, Egypt, Solvenia and Romania Author has an international reputation and has lectured in China and Austria Author has been a happiness advisory to the government of Bhutan since 2007 Excerpt from Book Chapter 2: A Roadmap to Well-Being It would be nice to think that the path to an economy well-being would be as simple as a well-being compass, a map and virtuous strides following Dorothy along the yellow brick road to visit the Wizard of Oz for guidance. Dorothy and her colleagues realized that the solutions they were looking for (a brain, a heart, courage, and getting back to Kansas) could be found within themselves. The practical tools and processes for designing and building an economy of well-being will likewise be found within our communities and driven by our convictions that a new paradigm is possible. Can Well-being be Measured? One of the questions I am often asked is can well-being and happiness actually be measured? Based on the recently released World Happiness Report, economics, psychologists, social scientists and others are demonstrating that measuring happiness and well-being is possible. Moreover, when something can be measured it becomes a science and thus achieves some sense of legitimacy. New surveys such as the Gallup World Poll (GWP), the World Values Survey (WVS) and other surveys have been designed specifically to measure subjective well-being asking people to rate their life satisfaction (today), their current perceptions of happiness, their sense of their happiness yesterday (remembered well-being; "Overall, how happy were you yesterday), and the positive affects (e.g. enjoyment, happiness, laughter) and negative affects (e.g. worry, sadness, anger, depression) on happiness. When life satisfaction, happiness and these other questions are asked, they tell a very similar story about the likely sources of a good life. Happier nations (which include Denmark, Finland, and Canada) tend to have higher average incomes, healthy life expectancy, stronger sense of personal freedom, less likely to perceive widespread corruption in business and government, and people are more likely to have someone they can call on in times of trouble. There are a common set of objective determinants of subjective well-being that are emerging suggesting we can combine both subjective happiness surveys with regular monitoring of the conditions of well-being that are known to contribute to higher self-rated life satisfaction and happiness. Strong correlations have been found from research that show that life circumstances (conditions of well-being) have a strong influence on subjective well-being or happiness and that many subjective measures of well-being are highly correlated with objective measures of well-being. For example, subjective measures of well-being have been correlated with a variety of objective measures that include facial expressions, brain-wave patterns, cortisol measures in individuals, and community and national suicide patterns. Measures of subjective well-being can be used to predict subsequent events and behavior that are of importance to local governance. For example, many happiness measures are predictive of sickness so that collecting measures of happiness on a regular basis could be part of health maintenance and delivery of health services. Another example is that persons with disabilities tend to have lower subjective well-being ratings which is connected to the extent to which individuals can maintain strong social connections. According to some researchers, happiness follows a U-shape or smiley face pattern over the course of a human lifespan (see Figure xx). We are happiest at a young age (before puberty) and again in old age (65 years +). Happiness or life satisfaction declines sometime after 11-12 years of age and then nose-dives between 40-50 years of age. Human happiness hits the lowest point around the ages of 40 to 42, writes Melbourne University researcher Dr. Terence Cheng, who led a longitudinal study into the U-bend phenomenon.24 But dont worry, even as you reach the bottom of your happiness curve in your 40s, you have another 30 years or more to recalibrate, count your blessings, and pursue a life of purpose and work that brings genuine meaning and joy to your life. * * * Five-Assets Sustainable Livelihood Model Measuring Assets The Sustainable Livelihood Model, developed in the early 1990s as an outcome of the Brundtland Commission work on sustainable development, provides a good framework for assessing individual and community assets (see Figure xx). The model uses 5 asset classes (personal, human, social, physical, financial) and 6 sub-asset characteristics recognizing that everyone has assets on which to build and support individuals and families to acquire assets needed for long-term well-being. FIGURE 15: SUSTAINABLE LIVELIHOODS MODEL 72 Source: Department for International Development. (1999). Sustainable Livelihoods Guidance Sheet: Introduction. _guidancesheets.html#1. The definition of sustainable livelihoods was originally defined as follows: A livelihood comprises the capabilities, assets (stores, resources, claims and access) and activities required for a means of living: a livelihood is sustainable which can cope with and recover from stress and shocks, maintain or enhance its capabilities and assets, and provide sustainable livelihood opportunities for the next generation; and which contributes net benefits to other livelihoods at the local and global levels and in the short and long term.37 This definition is closely aligned with the City of Edmontons working definition of poverty which related to the lack of resources and access to necessary resources for individuals to participate fully in society. The City of Edmonton set an ambitious goal to eliminate poverty within a generation through the EndPovertyEdmonton initiative in 2016. I served as a measurement advisor to the initiative proposing the Sustainable Livelihoods framework as a way of tracking the success of lifting 10,000 Edmontonians out of poverty within 5 years, the target set by the City. The Sustainable Livelihoods five-assets model could be used to assess individual and household assets of those persons living in financial poverty. By assessing the conditions of the assets for individuals and families living in poverty and then investing in strengthening these assets could be the key to lifting people out of poverty. Several years ago I had discussed the Sustainable Livelihood model with the United Way of Northern Alberta as a model for measuring the success of United Ways efforts to help the most disadvantaged in the community. In order to understand the pathway out of poverty to well-being I believe it is necessary to understand the key drivers that give rise to poverty conditions. The relative socio-economic 37 Department for International Development. (1999). Sustainable Livelihoods Guidance Sheet: Introduction. _guidancesheets.html#1 73 conditions that currently result in conditions of poverty (measured currently in terms of lowincome conditions) can be assessed and the relative impact of policy changes, interventions/innovations, and other strategies/actions to alleviate conditions of living that result in poverty (i.e. the lack of resources (deficits) and inaccessibility to resources that detract from the pursuit of a given standard of livelihood). While poverty tends to focus on the lack of life resources, an asset-based approach looks at what resources people currently have for a certain quality of life. The Sustainable Livelihood Model provides a good visualization of how poverty elimination initiatives may lead to lifting people out of poverty into a flourishing state of well-being. This takes taking an asset approach to solving some of the most challenging societal challenges. Some of asset building actions may include providing low-cost sustainable affordable housing, through models like Habitat for Humanity, which I will discuss later in the book. Other efforts might include a living wage policy for cities that encourage all employers to appreciate what a living wage is and to ensure their employees receive such a wage to ensure they can flourish and participate fully in society. Using a Sustainable Livelihoods model as the basis of accounting for the success of actions to eliminate poverty can be an effective means of demonstrating progress and value for the investments made in building up assets and therefore overall community well-being. Other key measures of happiness, including a stronger sense of belonging and inclusion in society, will also become key measures of success. The model recognizes that everyone has assets on which to build and support individuals and families to acquire assets needed for long-term well-being. They may focus on a more limited (e.g. specifically economic) or wider set of assets (e.g. personal, cultural, social, political). 74 The Well-being Economy and the UN Sustainable Development Goals The United Nations recently established 17 Sustainable Development Goals (SDGs),169 targets and 304 indicators which is tended to describe the future we want for the world in terms of sustainable development. The SDGs could be viewed as a set Description for Sales People Award winning author of the Economics of Happiness: Building Genuine Wealth The author has travelled and lectured extensively giving lectures on the economics of happiness in Canada, US, Europe, China, Australia, French Polynesia Anielski is an economic strategist specializing in the economics of well-being. Anielski recently co-founded the Centre for Integrated Finance and Economics which focuses on developing new impact investment analytic tools with an asset and well-being lens. The Economy of Well-being examines the stories of what individuals, families, businesses, nonprofit enterprises, communities, and financial institutions can and are doing to implement an economic lifestyle that is based on achieving a flourishing life of well-being and enduring happiness A compelling and practical model and guide for a new form of capitalism that seeks to achieve the highest and best use of human, social natural, built, and financial assets. Ideal reading for anyone who wishes to contribute to building happier, more mindful communities, and ultimately lives of joy and meaning. Anielski has been approached by Netflix to produce a series following the author to places in the world where he has been helping sow the seeds for a new economy of well-being. Anielski is President and Chief Well-being Officer of Anielski Management Inc., and consults and speaks internationally on merging and measuring happiness, well-being, and economics. Intended audience: young business leaders, entrepreneurs, and students interested in adopting a different business ethic and paradigm to managing their lives International Market Authors previous book sold well in China, Netherlands, UK, Australia and New Zealand Countries which are actively working on a national happiness index include:Bhutan, Tahiti, Egypt, Solvenia and Romania Author has an international reputation and has lectured in China and Austria Author has been a happiness advisory to the government of Bhutan since 2007 Details ISBN0865718733 Author Mark Anielski Pages 256 Publisher New Society Publishers Year 2018 ISBN-10 0865718733 ISBN-13 9780865718739 Format Paperback Media Book Imprint New Society Publishers Subtitle Common-sense tools for building genuine wealth and happiness Place of Publication Gabriola Island Country of Publication United States DEWEY 333.7 Short Title An Economy of Well-Being Language English Publication Date 2018-05-22 UK Release Date 2018-05-22 NZ Release Date 2018-05-22 US Release Date 2018-05-22 Alternative 9781550926668 Audience General AU Release Date 2018-07-29 We've got this At The Nile, if you're looking for it, we've got it. 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