The Logic of Life: The Rational Economics of an Irrational World

Front Cover
Random House, 2009 - Business & Economics - 255 pages
Life sometimes seems illogical. Individuals do strange things: take drugs, have unprotected sex, mug each other. Love seems irrational, and so does divorce. On a larger scale, life seems no fairer or easier to fathom: Why do some neighborhoods thrive and others become ghettos? Why is racism so persistent? Why is your idiot boss paid a fortune for sitting behind a mahogany altar? Thorny questions–and you might be surprised to hear the answers coming from an economist. But award-winning journalist Tim Harford likes to spring surprises. In this deftly reasoned book, he argues that life is logical after all. Under the surface of everyday insanity, hidden incentives are at work, and Harford shows these incentives emerging in the most unlikely places.
 

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LibraryThing Review

User Review  - jimocracy - LibraryThing

This was a very fascinating book that looks at many facets of human history from an economist's point of view. I always appreciate the social scientific side of economics than the financial one. The author did a great job keeping the reader engaged and interested. Read full review

LibraryThing Review

User Review  - vguy - LibraryThing

Revealing surprising, optimistic, well-argued, and funny. Cities are the centres of creativity & wealth (no surprise) but also of efficiency, ecological efficiency and tax revenue. How minorities (eg ... Read full review

Contents

MSODJCHON
3
TWO LAS VEGAS
32
THREE IS DIVORCE UNDERRATED?
62
FOUR VVFIY YOUR ROSS IS OVERPAID
109
THE DANGERS OF RATIONAL RACISM
130
SEVEN THE WORLD IS SPIKY
149
EIGHT RATIONAL REVOLUTIONS
174
NINE A MILLION YEARS OF LOGIC
193
ACKNOWLEDGMENTS
214
NOIhS
235
Copyright

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About the author (2009)

Tim Harford is the author of the bestseller The Undercover Economist and The Logic of Life and a member of the editorial board of the Financial Times, where he also writes the “Dear Economist” column. He is a regular contributor to Slate, Forbes, and NPR’s Marketplace. He was the host of the BBC TV series Trust Me, I’m an Economist and now presents the BBC series More or Less. Harford has been an economist at the World Bank and an economics tutor at Oxford University. He lives in London with his wife and two daughters.


From the Hardcover edition.

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