Drawing on more modern expressions of economic analysis, this book explores the interplay between wellbeing, nature and moral values in economics.

Heinz Welsch is Professor Emeritus of Economics at the University of Oldenburg, Germany. He formerly held positions at the universities of Cologne and Bonn. His fields of research include environmental, resource, and energy economics; economics of subjective wellbeing; and the role of norms and values for economic behavior. He has published extensively on these topics. His publications on "environment and happiness" were among the first contributions to this field.