Recent social surveys of happiness (subjective well-being) have given a new stimulus to utilitarian political theory by providing a statistically reliable measure of the 'happiness' of individuals that can then be correlated with other variables. One general finding is that greater happiness does not correlate strongly with increased wealth, beyond modest levels, and this has led to calls for governments to shift priorities away from economic growth and towards other social values. This paper notes how the conclusions of this research help to address some of the traditional objections to utilitarianism. The question of how happiness research findings can be used to set happiness-maximization goals for public policy needs careful examination, as the translation from research to policy is not always straightforward. Some empirical and ethical objections to this 'new utilitarianism' are raised. The complicating factors of public expectations of, and trust in, governments pose obstacles to any proposal that happiness research may lead to changes in public policy and hence to 'happier' populations.