Logic of Life by Tim Harford
Look inside with Google Book Preview
Logic of Life
By Tim Harford

The Logic of Life

Uncovering the New Economics of Everything

By (author) See other recent books by Tim Harford
Format: Hardback

Normal Price: $49.99
Your Price: $44.99 AUD, inc. GST
Shipping: $7.95 per order
You Save: $5.00! (10% off normal price)
Plus...earn $2.25 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply

Logic of Life by Tim Harford

Book Description

THE UNDERCOVER ECONOMIST showed how ordinary economics explained everyday curiosities, such as the price of a cup of coffee and the traffic jam on the way to the supermarket. THE LOGIC OF LIFE shows how the new economics of rational choice theory explains much, much more. Drug addicts and teenage muggers can be rational. Suburban sprawl and inner city decay are rational. Endless meetings at the office and the injustices of working life? Rational. Economics explains why your boss is overpaid, whether we should build more prisons, and whether a city like New Orleans can recover from disaster. THE LOGIC OF LIFE introduces you to engaging stories and characters linked together in a bold narrative sweep. The book starts with the most intimate decisions - to have sex, to take drugs, to lead an honest life - then zooms out to discuss the logic of the family, of neighbourhoods, large corporations, cities themselves. This is the new economics of everything you never thought was economics, and it will help you see the world in a new way.

Buy Logic of Life book by Tim Harford from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780316027564
ISBN-10: 0316027561
Format: Hardback
(242mm x 162mm x 23mm)
Pages: 288
Imprint: Little, Brown & Company
Publisher: Little, Brown & Company
Publish Date: 25-Jan-2008
Country of Publication: United States

Other Editions...

Customers who bought this also bought...

Books By Author Tim Harford

Messy by Tim Harford Messy, Hardback (November 2016)

The new book from the author of The Undercover Economist shows us how we can lead messier lives - and why we should.

Undercover Economist Strikes Back by Tim Harford Undercover Economist Strikes Back, Paperback / softback (January 2015)

Originally published in 2013 by Little, Brown Book Group.

Adapt by Tim Harford Adapt, Paperback (March 2012)

* The Undercover Economist takes on the world - the new book from global bestseller Tim Harford

Dear Undercover Economist by Tim Harford Dear Undercover Economist, Paperback (June 2010)

* The very best letters from Tim Harford's celebrated Financial Times 'Dear Econonmist' column, collected herewith NEW letters for the paperback edition

» View all books by Tim Harford


US Kirkus Review » Or, the things people will do for money - and for good reason.Contrary to pop economists who have examined the stranger moments of human behavior vis-a-vis the benjamins (Freakonomics, etc.), Financial Times and Slate columnist Harford (The Undercover Economist: Exposing Why the Rich Are Rich, Why the Poor Are Poor - And Why You Can Never Buy a Decent Used Car!, 2005) centers on the predictability of much of it. Criminals, for instance, "can be brutal and remorseless, but many of them are far from indifferent to the 'pains of imprisonment,' " because they know that in the calculus of life crime literally doesn't pay. That calculus comes into play when Mexican prostitutes (Harford picks many examples from the demimonde) determine whether or not the john must use a condom, charging more if not; and when soldiers decide whether to risk their lives by re-enlisting in exchange for the healthcare and other benefits offered by the military. "Even a coward like me will risk his life for money," writes the author, and risk is omnipresent, in various degrees, whenever money enters the discussion. Harford occasionally gets caught up in the inevitable abstractions of economics, but for the most part his narrative is refreshingly down-to-earth and even useful. The reader learns here, for instance, why he or she should damn the torpedoes and bet with a handful of bad cards: "Your opponent will have to call you a little more often. Because he knows that your bets are sometimes very weak, he can't afford to fold too easily." Would that the rest of life operated so predictably. But then, at least in a way, it does, so that, as Harford explains, it becomes apparent why Detroit is a third-rate city and New York a first-rate one, why New Orleans should not be rebuilt and why agribusiness contributes to political campaigns while real-estate agents do not.Chock-full of numbers and money talk, but oddly entertaining - of a piece with Dan Ariely's superior Predictably Irrational (2007) and other recent popularizing works in behavioral economics. (Kirkus Reviews)

» Have you read this book? We'd like to know what you think about it - write a review about Logic of Life book by Tim Harford and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review

Author Biography - Tim Harford

Tim Harford writes the 'Dear Economist' column for the FT Saturday magazine. An award winning public speaker, Tim has been an economist for a major oil company and an economics tutor at Oxford University.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Tim Harford close
Messy by Tim Harford
Messy by Tim Harford
Messy by Tim Harford
Undercover Economist Strikes Back by Tim Harford
Undercover Economist Strikes Back by Tim Harford
Undercover Economist Strikes Back by Tim Harford
Adapt by Tim Harford
Dear Undercover Economist by Tim Harford
Dear Undercover Economist by Tim Harford
Logic of Life by Tim Harford
Undercover Economist by Tim Harford
Undercover Economist by Tim Harford
Adapt by Tim Harford
Logic of Life by Tim Harford
BoomerangBooks.com.au close