Sunday, December 07, 2008

Quality of life

These "quality of life" assessments tend to re-enforce my preference for more traditional economics. The study also cited lower than average house prices as an attractive feature of the Shetlands - but the reason house prices are lower is because there is less demand for Shetland housing. Since we can rule out low wages, unemployment, and crap education as variables here, I'd have thought the Bank of Scotland might have given more serious thought to including things like horizontal rain, low temperatures, high winds and minimal sunlight as factors when drawing up their quality of life index. But these are the sort of people who regularly come up with Canada as the best place on the face of the planet to live in. Yeah, right - the second biggest country in the world has only 33 million people living in it?

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