Spring brings happiness in peoples’ lives not only because of the brighter days but also because of the increased supply of many seasonal products. This is reflected in the production cost of Khachapuri. In April 2016, the national average cost of preparing one standard Imeretian khachapuri went down to 3.16 GEL, 3.2% lower compared to March 2016 (but 6.9% higher compared to April 2015).

Already in ancient times, philosophers debated the nature of happiness and the recipes for a happy and fulfilling life. Today this question is also hotly debated by scientists and politicians, who are particularly interested in what can be done to increase the happiness of their voters (and citizens, more generally). Happiness has become so important nowadays that four countries: Bhutan, Ecuador, UAE, and Venezuela went so far as to employ ministers of happiness!

On January 14-16, 2016 ISET-PI’s Senior Researcher Nino Doghonadze attended a conference centered on the discussion of, “Economics, Health and Happiness” in Lugano, Switzerland. The conference brought together interdisciplinary researchers from approximately 60 countries.

On Friday, May 29th, Jan Fidrmuc from Brunel University presented his recent research paper titled “Happiness and Religion” coauthored with Çiğdem Börke Tunalı from Istanbul University to the ISET Community. This was not Mr. Fridrmuc’s first visit to ISET, he has already presented very interesting works about Friday the 13th superstition and persistence of social capital.

The Kingdom of Bhutan is a very special country. When in 2004 King Wangchuck announced that there would be free elections and the kingdom would be gradually transformed into a democracy, people demonstrated in the streets against these reforms.