The concept of well-being, as it is employed in this chapter, also needs to be distinguished from the concept of welfare used, for example, in Nicholas Rescher’s book Welfare (1972): On closer scrutiny, it emerges that welfare relates to the basic requisites of a man’s wellbeing in general, but most prominently includes those basic concerns with health and economic adequacy to which we have become accustomed by such presently current terms as the ‘‘welfare state’’ or a ‘‘welfare worker.’’ (Rescher 1972, 3–4, italics in original)