LSE, UK, and IZA, Germany
IZA World of Labor role
Director, Wellbeing Programme, Centre for Economic Performance (2003–); Emeritus Professor of Economics, LSE (1999–)
Wellbeing, labor, unemployment, educational policy, happiness
Positions/functions as a policy advisor
Adviser to the English Improving Access to Psychological Therapies program
Deputy Director, Higher Education Research Unit, LSE (1964–1974); Head, Centre for Labour Economics, LSE (1974–1990); Director, Centre for Economic Performance, LSE (1990–2003)
MSc Economics, London School of Economics, 1967
Combatting Unemployment, IZA Prize Volume. Oxford: Oxford University Press, 2011 (with S. Nickell).
Happiness—Lessons from a New Science. 2nd edition. London: Penguin, 2011.
Thrive: The Power of Evidence-based Psychological Therapies. London: Penguin, 2014 (with D. M. Clark).
With modern psychological therapy, mentally ill people can become more productive and more satisfied with lifeRichard Layard, January 2017In a typical country, one in five people suffers from a mental illness, the great majority from depression or crippling anxiety. Mental illness accounts for half of all illness up to age 45 in rich countries, making it the most prevalent disease among working-age people; it also accounts for close to half of disability benefits in many countries. Mentally ill people are less likely to be employed and, if employed, more likely to be out sick or working below par. If mentally ill people received treatment so that they had the same employment rate as the rest of the population, total employment would be 4% higher, adding many billions to national output.MoreLess