Description

Book Synopsis

Truly eye-opening . . . There is almost no situation that Harford cannot dissect with his sharp economist''s tools . . . economics has never been this cool'' NEW STATESMAN

If humans are so clever, why do we smoke and gamble, or take drugs, or fall in love? Is this really rational behaviour? And how come your idiot boss is so overpaid? In fact, the behaviour of even the unlikeliest of individuals - prostitutes, drug addicts, racists and revolutionaries - complies with economic logic, taking into account future costs and benefits, even if we don''t quite realise it. We are rational beings after all.



Trade Review
The chapter "Why is Your Boss Overpaid?" is in itself worth the price of this book * Sunday TELEGRAPH *
This is no minor thesis . . . If you loved [The Tipping Point and Freakonomics] you'll love this * FINANCIAL TIMES *

TheLogic of Life by Harford Tim Author ON

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    A Paperback / softback by Tim Harford

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      Book details

      Publisher Abacus
      Published 5 March 2009
      ISBN-13 9780349120416
      978-0349120416
      ISBN-10 0349120412
      Also in:
      Business, Finance & Law Economic theory and philosophy

      Description

      Book Synopsis

      Truly eye-opening . . . There is almost no situation that Harford cannot dissect with his sharp economist''s tools . . . economics has never been this cool'' NEW STATESMAN

      If humans are so clever, why do we smoke and gamble, or take drugs, or fall in love? Is this really rational behaviour? And how come your idiot boss is so overpaid? In fact, the behaviour of even the unlikeliest of individuals - prostitutes, drug addicts, racists and revolutionaries - complies with economic logic, taking into account future costs and benefits, even if we don''t quite realise it. We are rational beings after all.



      Trade Review
      The chapter "Why is Your Boss Overpaid?" is in itself worth the price of this book * Sunday TELEGRAPH *
      This is no minor thesis . . . If you loved [The Tipping Point and Freakonomics] you'll love this * FINANCIAL TIMES *

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