--- title: "4 Richard Layard Quotes" description: "Peter Richard Grenville Layard, Baron Layard FBA is a British labour economist, co-director of the Community Wellbeing programme at the Centre for Econo..." image: "https://sms4smile.com/quotes/i/94c/richard-layard-72340_economics_it-is-actually-a-rather-sorry-tale-in-th_299999.jpg" --- # Richard Layard **4** quotes in **5** categories Rate this collection: ★ ★ ★ ★ ★ No ratings yet Peter Richard Grenville Layard, Baron Layard FBA is a British labour economist, co-director of the Community Wellbeing programme at the Centre for Economic Performance at the London School of Economics, and co-editor of the World Happiness Report. Layard is an economist who wants public policy to be ## Quotes by Richard Layard > [“It is actually a rather sorry tale. In the late nineteenth century most English economists thought that economics was about happiness. They…](https://sms4smile.com/quotes/richard-layard/it-is-actually-a-rather-sorry-tale-in-the-late-nineteenth-century/) Richard Layard [Economics](https://sms4smile.com/quotes/about/economics/) [Image](https://sms4smile.com/quotes/i/94c/richard-layard-72340_economics_it-is-actually-a-rather-sorry-tale-in-th_299999.jpg) > [“We need a revolution in academia, with every social science attempting to understand the causes of happiness.”](https://sms4smile.com/quotes/richard-layard/we-need-a-revolution-in-academia-with-every-social-science-attempting/) Richard Layard [Happiness](https://sms4smile.com/quotes/about/happiness/) [Image](https://sms4smile.com/quotes/i/43d/richard-layard-72340_happiness_we-need-a-revolution-in-academia-with-ev_564383.jpg) > [“External effects are everywhere. Almost every major transaction we make affects other people who are not a party to the transaction. When…](https://sms4smile.com/quotes/richard-layard/external-effects-are-everywhere-almost-every-major-transaction-we/) Richard Layard [Image](https://sms4smile.com/quotes/i/d43/richard-layard-72340_barbie-doll_external-effects-are-everywhere-almost-e_1058712.jpg) > [“The more television people watch, the more they overestimate the affluence of other people. And the lower they rate their own relative…](https://sms4smile.com/quotes/richard-layard/the-more-television-people-watch-the-more-they-overestimate-the/) Richard Layard [Affluence](https://sms4smile.com/quotes/about/affluence/) [Image](https://sms4smile.com/quotes/i/d69/richard-layard-72340_affluence_the-more-television-people-watch-the-mor_2884325.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/author/richard-layard/#itemlist", "name": "Richard Layard Quotes", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "“It is actually a rather sorry tale. In the late nineteenth century most English economists thought that economics was about happiness. They thought of a persons happiness as in principle measurable, like temperature, and they thought we could compare one persons happiness with anothers. 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