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The logic of life : the rational economics of an irrational world

Author: Tim Harford
Publisher: New York : Random House, ©2008.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
(DLC) 2007030233
(OCoLC)159822206
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Tim Harford
ISBN: 9781588366825 1588366820
OCLC Number: 232115182
Description: 1 online resource (xiv, 255 pages)
Contents: Introducing the logic of life --
Las Vegas --
Is divorce underrated? --
Why your boss is overpaid --
In the neighbourhood --
The dangers of rational racism --
The world is spiky --
Rational revolutions --
A million years of logic.
Responsibility: Tim Harford.
More information:

Abstract:

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.

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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. 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