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1 Local Warehouse Economics- General

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

by

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

 

Synopses & Reviews

Publisher Comments:

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 Tim Harford, award-winning journalist and author of the bestseller The Undercover Economist, likes to spring surprises. In this deftly reasoned book, Harford 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.

Using tools ranging from animal experiments to supercomputer simulations, an ambitious new breed of economist is trying to unlock the secrets of society. The Logic of Life is the first book to map out the astonishing insights and frustrating blind spots of this new economics in a way that anyone can enjoy.

The Logic of Life presents an X-ray image of human life, stripping away the surface to show us a picture that is revealing, enthralling, and sometimes disturbing. The stories that emerge are not about data or equations but about people: the athlete who survived a shocking murder attempt, the computer geek who beat the hard-bitten poker pros, the economist who defied Henry Kissinger and faked an invasion of Berlin, the king who tried to buy off a revolution.

Once you’ve read this quotable and addictive book, life will never look the same again.

From the Hardcover edition.

Synopsis:

Award-winning journalist and author of the bestseller "The Undercover Economist" argues that life is logical even if it often seems otherwise. Under the surface of everyday insanity, hidden incentives are at work, and Harford shows these incentives emerging in the most unlikely places.

Synopsis:

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.

About the Author

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 NPRs Marketplace. He was the host of the BBC TV series Trust Me, Im 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.

Table of Contents

Introduction

One: Introducing the Logic of Life

Two: Las Vegas

Three: Is Divorce Underrated?

Four: Why Your Boss is Overpaid

Five: In the Neighborhood

Six: The Dangers of Rational Racism

Seven: The World is Spiky

Eight: Rational Revolutions

Nine: A Million Years of Logic

Acknowledgments

Notes

Index

Product Details

ISBN:
9780812977875
Author:
Harford, Tim
Publisher:
Random House Trade
Subject:
General
Subject:
Economic Conditions
Subject:
Economics - Macroeconomics
Subject:
General Business & Economics
Subject:
Economics - General
Copyright:
Edition Description:
Trade paper
Publication Date:
20090231
Binding:
TRADE PAPER
Grade Level:
General/trade
Language:
English
Illustrations:
Y
Pages:
272
Dimensions:
7.98x5.22x.62 in. .42 lbs.

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Related Subjects

History and Social Science » Economics » General

The Logic of Life: The Rational Economics of an Irrational World Used Trade Paper
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Product details 272 pages Random House Trade - English 9780812977875 Reviews:
"Synopsis" by , Award-winning journalist and author of the bestseller "The Undercover Economist" argues that life is logical even if it often seems otherwise. Under the surface of everyday insanity, hidden incentives are at work, and Harford shows these incentives emerging in the most unlikely places.
"Synopsis" by , 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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