Synopses & Reviews
A refreshing look at economics with topics ranging from sex, drugs, arms and music to energy, movies and farming, the Internet and Aids, Diane Coyle plunges herself and the reader into some of the world's most contentious political and social issues. Diane Coyle shows how economic principles apply to headline issues in an entertaining, humane and highly intelligent way. Harvard-educated Coyle is an economist and award-winning writer specializing in business, technology and global economics.
Author Diane Coyle explores a range of popular issues and uses economic analysis to show why many decisions come down to a question of money or politics. She shows how economics is truly a discipline and a social science that can help us make decisions about the most basic of issues.
In this refreshing look at economics and its relevance, the author shows how to apply economic principles to headline issues from sex, drugs, arms, and music to energy, movies, farming, the Internet and AIDS.
About the Author
Diane Coyle is a consultant and columnist for The Independent. After getting her Ph.D. from Harvard, she spent a year at the U.S. Treasury. She worked in the private sector and is an economist and a writer specializing in business, technology, and global economics. She was the Economics Editor for The Independent for eight years and in 2000 was the winner of the prestigious Wincott Award for Senior Financial Journalist. She is currently Managing Director of Enlightenment Economics, a consultancy, and a Visiting Research Fellow at the London School of Economics' Center for Economic Performance. Diane has written three other books: Paradoxes of Prosperity, The Weightless World and Governing the World Economy. She lives in London with her family
Table of Contents
Acknowledgements Introduction:Why Economics Trumps common Sense I.Sex, DrugsandRock 'n' Roll: Economics Really does apply to Everything 1.Sex: Can You Have Too Much of a Good Thing? 2.Illegal Drugs: It's the Economy 3.Risky Business: Why Most teenagers Don't 4.Sports: Better Than Sex 5.Music: The New Economy's Robber Barons 6.Food Fights: Helping Lame Ducks Waddle II.What Governments Are Good For: Public Good, Externalities, and Taxes 7.Infrastructure: But I never Travel by Train 8.Scoreboard for Energy Taxes: Industry 5, Environment 1 9.Auctions: Call My Bluff 10.Tax Incidence: Only People Pay Tax 11. War Games: A Government's Gotta do What a Government's Gotta Do III.New Technology: How Business is Coping with Change 12.Movies: Why Subtitles Need Subsidies 13.Networks: "The Program has Unexepectedly Quit" 14.The Internet: The Economics of Dot-Bombs 15.Industrial Change: Creative Destruction IV.There's a World Out There: Globalization isn't all Globaloney 16.Disease: No Man is an Island 17.Multinationals: Sweatshop Earth? 18.Immigration: the Missing Link 19.Demography: The South has the Last Laugh 20.Development: The Triumph of Fashion V.Life, the UniverseandEverything: Macreconomics 21.Japan: Kogaru versus One-kei, or Why Tokyo's Teenage Fashions Matter 22.Inflation: Targeting the Sleeping Beast 23.Defense spending: Farewell to the Peach Dividend 24.Weather: Why Economists Care About the Sex Life of Pigs 25.Work: Why Do It? Epilogue: In Praise of Economics Ten Rules of Economic Thinking Glossary Selected Bibliography Index