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Bibek Bhandari — This is China’s happiest city

Summary:
Ranking quality in indexes, such as happiness and quality of life is difficult, since quality must be quantified to do so in formal modeling, and quality involves subjectivity in a subject-object relationship. Even though difficult, it is worth doing in order to arrive at more comprehensive understanding of economics, which is supposedly about satisfaction ("utility") in a Utilitarian paradigm.Sixth ToneThis is China's happiest cityBibek Bhandari See also US News & World ReportBest States Rankings — Measuring outcomes for citizens using more than 75 metrics Data Powered by McKinsey&Company

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Ranking quality in indexes, such as happiness and quality of life is difficult, since quality must be quantified to do so in formal modeling, and quality involves subjectivity in a subject-object relationship. Even though difficult, it is worth doing in order to arrive at more comprehensive understanding of economics, which is supposedly about satisfaction ("utility") in a Utilitarian paradigm.

Sixth Tone
This is China's happiest city
Bibek Bhandari


See also

US News & World Report
Best States Rankings — Measuring outcomes for citizens using more than 75 metrics
Data Powered by McKinsey&Company
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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