The Logic of Life: The Rational Economics of an Irrational World
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... show more
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.
Publish date: January 15th 2008
Publisher: Random House, Inc.
Pages no: 213
Edition language: English
~~Moved from GR~~ The Logic of Life By Tim Harford Recommended to Carly by: the author's radio programme and other book--that'll teach me to theorize ahead of the evidence. Recommended for: Readers who can identify the wild jumps in logic, yet still enjoy the book Tim Harford, you're breaking my...
The first book I read by Tim Harford.He has a way of telling stories based on economic and statistics. Which is a good thing as we could really relate to them without doing the research or the math. The discovery is surprising as it is the everything stuff that we are now more aware of, because of ...