This tribute to the late James Buchanan is an elaboration of themes he developed on the importance of processes in real, experienced time, especially for individual choice. The conventional way of modeling choice is to think of it as the solution to a constrained maximization problem. If,...

Measures of subjective well-being are one component of the measurement of the quality of life and progress of a nation. The Office for National Statistics approach, as part of the Measuring National Well-being programme, has been to include such measures alongside more objective measures in...